Retirement Math Everyone Gets Wrong
You can’t live off dividends.
That’s a popular belief right now. And from an immediate standpoint, it makes sense.
If you have $1 million and dump all of it into the Vanguard High Dividend Yield ETF right now, you’ll only earn about $29,700 per year. That’s just above the U.S. poverty line for a family of four. And it’s certainly not enough for you to live in any major…