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10x Investing
@10xinvesting

150,670 followers

When most people hear the word retirement, they think of an age - 65 years old. But retirement isn't an age, it's a number. - That number is when the value of your investments can pay for your lifestyle. But how do you figure out your number? There are two ways: 1. The 4% rule: this rule says that you can safely withdraw 4% of your investments every year and never run out of money. Simply take your annual expenses and divide them by 4%. Example: if your annual expenses are $60,000, you would need $1.5 million to retire. 2. The dividend yield rule: you can use a stock's dividend yield as this graphic show. If you are dividend investor, instead of reinvesting your dividends, you simply take the payouts instead. To figure it out, you take your annual expenses and divide them by the stock's dividend yield. - So if we use $60,000 annual expenses again, using the dividend yield rule you would need:Coca-Cola $KO Yield: 3.16% = $1,898,734 Realty Income $OX Yield: 5.57% = $1,077,1990 Altria $MO Yield: 8.74% = $686,499 - Do you know your retirement number? Let me know in the comments! - So, if you want to become wealthy, start by believing that you can do it. Then, take action towards your goals and don't give up. ⁠ ⁠ If you want to take action today, then click the link in my bio! ⁠ 👉🏻 link in bio @10xinvesting 👉🏻 link in bio @10xinvesting 👉🏻 link in bio @10xinvesting - #becomerich #liabilites #assets #stockpicking #buildingafuture #expenses #investing101 #etf #retireearly #financialyfree #wealth #stockmarket #moneymindset #financialfreedom #investment