12-28-2021, 10:19 AM
I do believe everyone's situation is different. Retiring on AT&T dividends probably looked great a while back; now that their raises have been 1 cent for a while and the company is splitting into two and reducing the dividend - not so much.
If I have 3 million when I retire and plan to live 100% off the dividends, then there probably isn't room for growth stocks, except maybe a few 3% payers. If I have 6 million, then I can afford some growth in there. Someone with 20 million can keep non-div payers around because it may not affect their lifestyle.
The only thing I know for sure is that when I get close to retirement, I won't be in triple-leveraged funds anymore
Chances are, BroadCom is with me for the long haul. Apple & Microsoft are the big question marks.
If I have 3 million when I retire and plan to live 100% off the dividends, then there probably isn't room for growth stocks, except maybe a few 3% payers. If I have 6 million, then I can afford some growth in there. Someone with 20 million can keep non-div payers around because it may not affect their lifestyle.
The only thing I know for sure is that when I get close to retirement, I won't be in triple-leveraged funds anymore
Chances are, BroadCom is with me for the long haul. Apple & Microsoft are the big question marks.