Video Description

► WeBull (Get 6-12 Free Stocks worth up to $30,600 when you deposit at least $0.01) ➭ https://a.webull.com/i/HumphreyYang 🏆 WeBull UK (Get 2 Free Stocks when you deposit £100 and maintain funds for 30 days) ➭ https://www.webull-uk.com/i/humphreyUK Today we answer the age old question: How much do I need to live off of my investments? Resources will be linked below. 🖌 Links: ▶️ Stock Portfolio + Tracker ➭ https://whop.com/c/critical-wealth/ytd 🐪 Hump Days Newsletter ➭ https://humpdays.substack.com 🗞 Follow My Twitter ➭ https://twitter.com/humphreytalks 👾 Personal Finance Discord ➭ https://discord.gg/Gqsmqba 🖌 Free Stocks: ► WeBull (Get 7-12 Free Stocks worth up to $30,600 when you deposit at least $0.01) ➭ https://a.webull.com/i/HumphreyYang ► Public ($10 Free Stock) Investing App ➭ https://pblc.co/humphrey ► Robinhood (Free Stock Valued Up To $250) ➭ https://robinhood.c3me6x.net/qPyKY Larry's channel: https://www.youtube.com/c/LarryCheungCFA Links Used: https://www.financialsamurai.com/better-to-invest-in-growth-stocks-over-dividend-stocks-for-younger-investors/ https://www.nerdwallet.com/article/finance/average-net-worth-by-age https://www.investopedia.com/taxes/capital-gains-tax-101/ https://www.investopedia.com/terms/q/qualifieddividend.asp https://www.dividend.com/stocks/technology/hardware/communications-equipment/aapl-apple-inc/ So the general rule that I want you guys to take away from this video is that if you’re trying to figure out how much you need invested, you need to take the **Dividend Income / Dividend %.** So if you need $75,000 a year, and you’re getting a 5% dividend yield, that’s going to be $75000/.05 = $1.5 million a year. That’s the formula that you hopefully take away from this video. Timestamps: 0:00 - Start Here 1:03 - Part 1: The Math 5:37 - Part 2: The Harsh Truth 7:17 - Part 3: A Better Strategy (Especially If You're Young) 10:35 - Part 4: Tax Considerations 12:45 - The Formula to Remember 📲 FOLLOW ME & FRIENDS: Follow Rickie (Editor): https://instagram.com/coldgamerick Instagram: https://instagram.com/humphreytalks Tik Tok: https://tiktok.com/@humphreytalks 📧 GET IN TOUCH: I'd love to hear from you! If you have a longer question, or if you have a business related inquiry, please then send me an email at [email protected]. I try my best to reply to all e-mail but sometimes I do not have enough time to respond to everyone. PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel