Want to Collect $50,000 in Dividends per Year in Retirement? Here's How

The big benefit of starting early in long-term investing is that years from now, you can potentially retire early. You may even be able to generate recurring income that you can live off of. Depending on where you live and the lifestyle you want, generating $50,000 in dividends every year could be enough for you to get by without having to rely on other sources of income.But how do you set yourself up to accumulate that much in dividends? Below, I'll show you how you can build your portfolio over the years to put yourself in a financially strong enough position where you can expect to generate $50,000 in annual dividends.When it comes to dividends, you need money to make money. There's no way around that. But if you have a lot of investing years left, you don't need hundreds of thousands of dollars today. You can invest in an exchange-traded fund (ETF) that is focused on growth stocks and can result in a five-figure investment becoming more than $1 million decades later.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool