Ep #234 - Is It Possible to Live Off Dividend Income Alone in Retirement?

Grow Money Business with Grant Bledsoe

A few weeks ago I had someone ask whether it was possible to live off of dividend income alone in retirement. This gentleman had saved up a nice chunk of money and was currently invested 100% in stocks. He was eligible for Social Security benefits, and was intent on never selling any of his shares in retirement.

Instead, he wanted to live off the dividends his portfolio produced to pay his expenses. He thought that between his Social Security benefits and dividend income he’d have plenty to pay his bills. I thought this was an interesting question, and dive into the details in today’s podcast episode.