Retirement Dividend Income

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what are your thoughts on just having high paying dividend stocks to use for your retirement income v a mix of growth & dividend paying stocks

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Asked on October 1, 2021 6:23 pm
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It's a well utilized strategy. In fact, one that I (Dan) plan to deploy. As I move closer to the later stages of my investment career, I'll eventually transition out of growth stocks and into a more income based portfolio.

So for example, I'm about 60/40 dividend growth/pure growth right now. As I get older, say 50-60 years old, that ratio might look like 80/20 or even 90/10. I also might start prioritizing yield over say the speed of dividend growth.

Right now I'm simply accumulating, so I am aiming to grow my portfolio at the fastest rate possible, looking for total returns and not just income. That can still be achieved via a dividend, don't get me wrong. But it's just not something I prioritize.

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Posted by Dan Kent
Answered on October 2, 2021 12:07 pm