Recent content by Kempotrader

Thanks for the answers and guidance! I better understand how to look at my dividends. Greatly appreciated!

So, not arguing here, but just trying to understand: Let's assume no dividends get cut or increased and 0% real growth (as above) and everything as above by corn18 Year 1: $50,000 in dividends Year 2: $50,000 in dividends (Haven't sold any shares, so dividends remain the same) Year 3: $50,000...

Thanks, mathjak107. It's finally sinking in on how look at that. What if my goal is to use the dividend income and then slowly sell off shares (thus decreasing dividend income) and hope to die on zero dollar day? Trying to figure that out. Kempo

Thanks. Ain't that a kick in the pants! kempo

Hello! It is unclear to me if I should include dividend income in the pension income section. As of this moment, I will get get ~$51k in div inc annually and ~ 24k SS. So. ~75k of spending avail before I need to sell any assets. I do not see any way to account for this other than to use...

Thanks Vacation!

Hi Vacation- I'm glad you're getting off of the night shift and I understand your confusion about my skill set definition. To make this not too long.... I have relocated twice and each time took lesser challenging positions. On my last relocation, I took a "case management" position that...

Hi friar- I am pretty well diversified. The stock portfolio is comprised of 21 individual companies across a variety of industries. The corporate bond portfolio holds bonds in 32 different companies, again well diversified, but probably too much in energy. I appreciate your asking for...

Thanks for all the encouragement! It's true, nursing gives me a lot of leeway. The truth is that I'm not really enjoying it all right now. I went to nursing school at age 50 and I have let my skills diminish a bit over the years I actually put in my resignation today and I am planning on...

Thanks, Aaron - That's the theory I hope to figure out! At 62, I could then start a slow burn of the principal, pray I don't have an accident or get sick and finally become a really good drummer!

Hi Elbata - Yes, I have options that maybe make this idea not too crazy. I hope that you're correct on the 2 days/week for work.

Hi 38- I agree with all that you wrote. The quitting the full time world will hopefully be a huge relief to have "time". The market is getting me a bit nervous and I'm going to switch more stock to corporate bonds, counting on a rise in interest rates. The housing issue is a bit of a...

Firstly, thanks to everyone for their responses. joeea - My stock portfolio is 100% dividend paying stocks. I take the dividends and reinvest them back into the company(DRIP). As long as the company doesn't cut it's dividend the income grows through owning more shares. Paradoxically, if the...

Hello - I am so grateful to have found this site! I am 60 years old. I have approx $580K in savings and portfolio (dropping like a rock, as I write this post). The majority of the portfolio is in taxable accounts The portfolio is setup to maximize income not capital appreciation and currently...