Hi, Brian. Yes, Im retired and living off of SS and dividends. Im 70, retired at 65. The plan is working for me. I learned about dividends about 15 years ago. The fact that I could take dividends without having to sell stocks was a real eye opener. I started reading online, followed a couple of investors that taught dividend investing, and started socking money away. I didnt have a lot to invest, but I would invest every single week, even if only $20. When I retired, I had no debt, so between my SS and my dividend income, Im doing fine. In fact Im still reinvesting as I dont need all my dividends every month. I will say subscribing to SSD has turned my investing around; the information on there is amazing, easy to understand, and I can keep close watch on my portfolio. I use it every single day.
Thanks for sharing your story, Katie! I love hearing real-life examples of dividends making life easier in retirement. No doubt your own responsible actions to save whatever you could and be debt-free have played an important role, too. I'm so glad to hear SSD has been helpful for you as well! Please don't hesitate to reach out if we can ever help with anything. - Brian
I am retired on SS + dividends. I haven't sold any shares in the past year except for one holding I am up 3x. Taking gains. I'm only withdrawing slightly over 2 percent, so reinvesting most of my dividends. Thank you Fed for continuing to pump up the stock market. Heh.
Hey Brian! To answer your question: When we retired in 2021. I started my pension (no COLA) and my spouse had her 4 day a week job in retail. Dividends provided the balance. Since then we have withdrawn a little over $200,000 in dividend income (thank you SimplySafe) and sold zero stocks or bonds other than for rebalancing. Dividend withdrawals provide 56% of our income and we do not withdraw the full amount of dividend deposits. Earlier in July we hit an all-time portfolio high even with these withdrawals (did I remember to say thank you?!!)
Hi Rob and Cindy! Apologies for my late reply, but thanks for sharing your inspirational story! That's awesome to hear about how dividends are helping you retire comfortably and with peace of mind not having to sell any stocks or bonds. I'm grateful SSD can help with your journey. Feel free to reach out if you ever need anything! Thanks, Brian
Hi Brian, I'm not retired yet (have a long way to go) but wanted to say I'm loving Simply Safe Dividends so far. I'm trying the free trial currently, utilizing it side by side with my Fidelity Account, watchlist, metrics, etc. and I'm getting a lot of value out of it already. I will definitely be purchasing the annual subscription.
Hi Owen, thanks so much for your feedback. I'm really glad to hear you've been enjoying the site - we've been working on it full-time for nearly a decade and are always improving it (including a valuation-related feature that's in the works). Feel free to reach out if you ever need anything or have any suggestions for us to consider. I really appreciate your interest. Best, Brian
Thanks for watching and for your kind words! I know there's tons to learn in the world of personal finance. Feel free to make suggestions for future videos. I'm all ears and appreciate your support! - Brian
Thanks, Matt! Your comment made me laugh. I plan to still be working on SSD then and will eagerly await the results :) I appreciate your support and hope you have a great week. - Brian
@mattkarolak140 - Thanks for commenting. I didn't think the platform would be worth it for a portfolio of mainly ETFs. I've been weaning myself off stocks the last year and exchanging the focus from growth to dividend in retirement.
You're the man, Thorsten! Thank you, and thank you for your wishes. I'm unsure what life with four little ones will be like, but I'm grateful for my wife and look forward to the journey ahead! - Brian
@@simplysafedividends You are a good man. So everything will be fine, but I guess your nights be short in the next weeks ;-) Please keep up your work nevertheless. You know, Dividend Growth Investing might be possible without your invaluable service, but it doesn´t make any sense to me - at least! Take Care, Brian!
Hi Brian, I’m 50 years old and plan to retire at age 62, so I’ve got 12 years to go. When I invest, I try to target a 2.5% yield, since I’m not living off my dividends yet and expect those yields to increase over the next decade. Perhaps a video that focuses on how the time to retirement might influence a person’s dividend investment strategy might be informative for viewers, since someone who is about to retire might follow a very different strategy than I would. I love the videos, keep them coming, and congratulations on your upcoming new baby.
Hi, thanks for commenting! A 2-3% yield with relatively fast growth sounds just right for someone with your retirement time horizon. I'd expect your yield on cost to more than double over the course of a decade, with reinvestments providing an extra kick. I'll keep your idea in mind for a future video. I know many others are likely grappling with the same questions. Thanks again for your support and encouragement! - Brian
@simplysafedividends - I'd be interested in this also for 2 family members. I'm in retirement and just about ready to turn my Drip off. Depending on the size of the portfolio at retirement, I think something like the million dollar portfolio for 3/4 of the holdings and 1/4 of holdings to be fast dividend growers to keep way ahead of future inflation. It might not be needed. Have to spend some time crunching numbers to see it play out.
Hi, thanks for the video. How can I use filters in your software to find stocks that provide both a safe dividend but also a relatively low p/e and some stock price growth potential? Thanks!!!
I shied away from stocks a while back due to the “future returns are likely to be low 3 to 5 percent” because the market is expensive. I missed out a lot and not a day goes by I don’t regret it.
I like to say that you might get lucky timing the market once, but making it a "strategy" is a fool's errand. If time is on your side, there's pretty much never a bad time to buy and hold for the long run (5-10+ years). - Brian
Good aproach! Do you have different approaches on yields depending on the age of the portfolio holder? I think that in the "dividend reinvestment" period it makes sense to invest in dividend GROWTH stocks only to capture some capital appreciation as well. Once you have to LIVE OFF your dividend income I would probably move a certain percentage into the high yielders that don't offer any capital appreciation to maximize my income
Good question! Optimizing for risk-adjusted total returns generally makes sense when you have many years to go before retirement. The bigger your portfolio, the sooner you can safely hit your income goals. Stocks that retain more of their profits for reinvestment (rather than pay them out as dividends) can have greater potential for long-term capital appreciation, albeit with more volatility and no guarantees. Owning more of these companies, which might only yield 1-3%, or even a market index fund could make some sense. In retirement, capital preservation and secure income take priority. Owning mature, financially-healthy businesses that return most of their profits in the form of dividends is one way to accomplish these goals. I still think it's hard to stretch beyond a 4-5% yield without taking on more risk, though. Thanks for commenting! - Brian
Thanks for your question. Yes, our newsletter contains three model dividend portfolios that I have actively managed since 2015. One of these is loaded by default as a sample portfolio in your account, and the other two can easily be brought in as well. We are always happy to help with anything, too - sending us an email is one click away, and we don't outsource anything (including customer support). Feel free to reach out with any other questions, and thank you for your interest. Best regards, Brian
Any plans to look beyond the USA with your product? There is a whole world of stock opportunities and it baffles me how many US based investors cannot see beyond their border.
Thanks for your question! Our focus is on stocks that trade on US exchanges. This picks up some of the larger international companies that are listed on multiple exchanges but excludes everything else. If we did expand our coverage, I'd guess we would head north to Canada first. It's a lot of work to maintain trustworthy Dividend safety Scores and research, so we've been careful not to bite off more than we can chew. Feel free to reach out if you have any other questions. Thank you for watching! - Brian
Additionally, many USA public companies are multinationals who derive income from businesses they own and run outside America. In many cases sales & earnings from these offshore companies generate significant contributions to the earnings. I worked for one these companies whose offshore operations generated 25% of total earnings of the global business.
I haven't heard of him but sounds like an interesting story. Accumulating $8M as a janitor in the days before Nvidia...not an easy feat! I'll make a note to look at Ronald's story. Thanks for commenting.
There's never any shame in saving and investing as much as you can! We aren't the cheapest option out there, but we aren't the most expensive either. I think the value depends on what you are trying to accomplish and where you are at in your journey. Most of our members have six-figure portfolios focused on dividends with retirement in mind. I'm biased, but I think we are the most proven site out there to meet those needs given our realtime track record of avoiding dividend cuts since 2015 and the continuous improvements we've made across our site to meet our members' needs very well. Our 14-day free trial has no strings attached either. No credit card required, no hidden newsletter signups or spam, etc. A nice way to check on the health of your portfolio, even if you decide the site may not be for you right now. Thanks again for your feedback, Jim. I hope you enjoy the rest of your summer. Best regards, Brian
As a retiree committed to Dividend Growth investing, I treat managing my retirement portfolio as a business. I look at subscription costs of SSD, as well as subscription to Barrons, Wall Street Journal, and Seeking Alpha as a cost of doing business. It's a lot cheaper than paying 1.25 - 1.5% fees to an investment advisor IMHO -- a lot cheaper. GLTA
@simplysafedividends - Brian, are there other value types of metrics besides the current PE compared to the stocks 5 year PE? The software looks robust - which also means it could take a while to dig thru all the features.
Retired 2 yrs ago Brian and SSD tools have been essential to creating and maintaining a livable steady dividend stream monthly. My only caution would watch the share price decreases, and take action promptly when required.( ie..ATT). SSD assures the cash income but one needs to watch and act on share price decreases without near term recovery. The new SSD value screens are a great improvement in monitoring these changes. SSD well worth the price . Brian is a great investor/ teacher.
Has anyone here leaned on dividends to fund retirement? How's your experience been, and what have you learned?
- Brian
I threw all my money on MSTY, buy more on the dips. Its working so far.
Hi, Brian. Yes, Im retired and living off of SS and dividends. Im 70, retired at 65. The plan is working for me. I learned about dividends about 15 years ago. The fact that I could take dividends without having to sell stocks was a real eye opener. I started reading online, followed a couple of investors that taught dividend investing, and started socking money away. I didnt have a lot to invest, but I would invest every single week, even if only $20. When I retired, I had no debt, so between my SS and my dividend income, Im doing fine. In fact Im still reinvesting as I dont need all my dividends every month. I will say subscribing to SSD has turned my investing around; the information on there is amazing, easy to understand, and I can keep close watch on my portfolio. I use it every single day.
Thanks for sharing your story, Katie! I love hearing real-life examples of dividends making life easier in retirement. No doubt your own responsible actions to save whatever you could and be debt-free have played an important role, too. I'm so glad to hear SSD has been helpful for you as well! Please don't hesitate to reach out if we can ever help with anything. - Brian
I am retired on SS + dividends. I haven't sold any shares in the past year except for one holding I am up 3x. Taking gains. I'm only withdrawing slightly over 2 percent, so reinvesting most of my dividends. Thank you Fed for continuing to pump up the stock market. Heh.
Hey Brian! To answer your question: When we retired in 2021. I started my pension (no COLA) and my spouse had her 4 day a week job in retail. Dividends provided the balance. Since then we have withdrawn a little over $200,000 in dividend income (thank you SimplySafe) and sold zero stocks or bonds other than for rebalancing. Dividend withdrawals provide 56% of our income and we do not withdraw the full amount of dividend deposits. Earlier in July we hit an all-time portfolio high even with these withdrawals (did I remember to say thank you?!!)
Hi Rob and Cindy! Apologies for my late reply, but thanks for sharing your inspirational story! That's awesome to hear about how dividends are helping you retire comfortably and with peace of mind not having to sell any stocks or bonds. I'm grateful SSD can help with your journey. Feel free to reach out if you ever need anything!
Thanks,
Brian
Hi Brian, I'm not retired yet (have a long way to go) but wanted to say I'm loving Simply Safe Dividends so far. I'm trying the free trial currently, utilizing it side by side with my Fidelity Account, watchlist, metrics, etc. and I'm getting a lot of value out of it already. I will definitely be purchasing the annual subscription.
Hi Owen, thanks so much for your feedback. I'm really glad to hear you've been enjoying the site - we've been working on it full-time for nearly a decade and are always improving it (including a valuation-related feature that's in the works). Feel free to reach out if you ever need anything or have any suggestions for us to consider. I really appreciate your interest.
Best,
Brian
Always appreciate your hard work! If they only taught this stuff in school
Thanks for watching and for your kind words! I know there's tons to learn in the world of personal finance. Feel free to make suggestions for future videos. I'm all ears and appreciate your support!
- Brian
@@simplysafedividends Will do!
Grand slam, Brian! Many thanks for another great video and keep them coming!
Best wishes and early congrats on child #4.
Thank you! We are a few months away, and the to-do list seems to be growing as quickly as the baby :) Thanks for watching!
- Brian
Been a member for years. Portfolio is mostly ETF’s. Appreciate the easy format & projections, I hope they come true! I’ll let you know in 25 years.
Thanks, Matt! Your comment made me laugh. I plan to still be working on SSD then and will eagerly await the results :) I appreciate your support and hope you have a great week.
- Brian
@mattkarolak140 - Thanks for commenting. I didn't think the platform would be worth it for a portfolio of mainly ETFs. I've been weaning myself off stocks the last year and exchanging the focus from growth to dividend in retirement.
Perfect!
Linked it on Seeking Alpha a minute ago!
All the best for the fourth child !!!!
You're the man, Thorsten! Thank you, and thank you for your wishes. I'm unsure what life with four little ones will be like, but I'm grateful for my wife and look forward to the journey ahead!
- Brian
@@simplysafedividends
You are a good man. So everything will be fine, but I guess your nights be short in the next weeks ;-)
Please keep up your work nevertheless. You know, Dividend Growth Investing might be possible without your invaluable service, but it doesn´t make any sense to me - at least!
Take Care, Brian!
Hi Brian, I’m 50 years old and plan to retire at age 62, so I’ve got 12 years to go. When I invest, I try to target a 2.5% yield, since I’m not living off my dividends yet and expect those yields to increase over the next decade. Perhaps a video that focuses on how the time to retirement might influence a person’s dividend investment strategy might be informative for viewers, since someone who is about to retire might follow a very different strategy than I would. I love the videos, keep them coming, and congratulations on your upcoming new baby.
Hi, thanks for commenting! A 2-3% yield with relatively fast growth sounds just right for someone with your retirement time horizon. I'd expect your yield on cost to more than double over the course of a decade, with reinvestments providing an extra kick. I'll keep your idea in mind for a future video. I know many others are likely grappling with the same questions. Thanks again for your support and encouragement!
- Brian
@simplysafedividends - I'd be interested in this also for 2 family members. I'm in retirement and just about ready to turn my Drip off.
Depending on the size of the portfolio at retirement, I think something like the million dollar portfolio for 3/4 of the holdings and 1/4 of holdings to be fast dividend growers to keep way ahead of future inflation. It might not be needed. Have to spend some time crunching numbers to see it play out.
Thanks as always Brian and congratulations on your growing family 🎉
Thank you! We are excited to have our first girl. Our boys are coming around to the idea, too :)
- Brian
@@simplysafedividends lol. Between the 3 boys and yourself she will grow up to a strong and intelligent
woman:)
Hi, thanks for the video. How can I use filters in your software to find stocks that provide both a safe dividend but also a relatively low p/e and some stock price growth potential? Thanks!!!
I shied away from stocks a while back due to the “future returns are likely to be low 3 to 5 percent” because the market is expensive. I missed out a lot and not a day goes by I don’t regret it.
I like to say that you might get lucky timing the market once, but making it a "strategy" is a fool's errand. If time is on your side, there's pretty much never a bad time to buy and hold for the long run (5-10+ years).
- Brian
Good aproach! Do you have different approaches on yields depending on the age of the portfolio holder? I think that in the "dividend reinvestment" period it makes sense to invest in dividend GROWTH stocks only to capture some capital appreciation as well. Once you have to LIVE OFF your dividend income I would probably move a certain percentage into the high yielders that don't offer any capital appreciation to maximize my income
Good question! Optimizing for risk-adjusted total returns generally makes sense when you have many years to go before retirement. The bigger your portfolio, the sooner you can safely hit your income goals.
Stocks that retain more of their profits for reinvestment (rather than pay them out as dividends) can have greater potential for long-term capital appreciation, albeit with more volatility and no guarantees. Owning more of these companies, which might only yield 1-3%, or even a market index fund could make some sense.
In retirement, capital preservation and secure income take priority. Owning mature, financially-healthy businesses that return most of their profits in the form of dividends is one way to accomplish these goals. I still think it's hard to stretch beyond a 4-5% yield without taking on more risk, though.
Thanks for commenting!
- Brian
Are there sample portfolios available on the website?
Thanks for your question. Yes, our newsletter contains three model dividend portfolios that I have actively managed since 2015. One of these is loaded by default as a sample portfolio in your account, and the other two can easily be brought in as well. We are always happy to help with anything, too - sending us an email is one click away, and we don't outsource anything (including customer support). Feel free to reach out with any other questions, and thank you for your interest.
Best regards,
Brian
Why would anyone choose a stock with a yield under 4% (unless in a retirement fund) because high yield savings accounts are paying above that?
Thanks !
You're welcome! Thanks for watching :) - Brian
Thanks for the vid
Any plans to look beyond the USA with your product? There is a whole world of stock opportunities and it baffles me how many US based investors cannot see beyond their border.
do you follow non US stocks?
Thanks for your question! Our focus is on stocks that trade on US exchanges. This picks up some of the larger international companies that are listed on multiple exchanges but excludes everything else. If we did expand our coverage, I'd guess we would head north to Canada first. It's a lot of work to maintain trustworthy Dividend safety Scores and research, so we've been careful not to bite off more than we can chew.
Feel free to reach out if you have any other questions. Thank you for watching!
- Brian
Additionally, many USA public companies are multinationals who derive income from businesses they own and run outside America. In many cases sales & earnings from these offshore companies generate significant contributions to the earnings. I worked for one these companies whose offshore operations generated 25% of total earnings of the global business.
My question was related to the 30% withholding tax on dividends when you are non us resident and living in a country without any tax agreement with US
Would you please do the story of Ronald Read the janitor who amassed 8 millions dollars portfolio during his lifetime thanks
I haven't heard of him but sounds like an interesting story. Accumulating $8M as a janitor in the days before Nvidia...not an easy feat! I'll make a note to look at Ronald's story. Thanks for commenting.
The price is too high. I'll just invest that $500/year.
There's never any shame in saving and investing as much as you can! We aren't the cheapest option out there, but we aren't the most expensive either. I think the value depends on what you are trying to accomplish and where you are at in your journey. Most of our members have six-figure portfolios focused on dividends with retirement in mind. I'm biased, but I think we are the most proven site out there to meet those needs given our realtime track record of avoiding dividend cuts since 2015 and the continuous improvements we've made across our site to meet our members' needs very well.
Our 14-day free trial has no strings attached either. No credit card required, no hidden newsletter signups or spam, etc. A nice way to check on the health of your portfolio, even if you decide the site may not be for you right now.
Thanks again for your feedback, Jim. I hope you enjoy the rest of your summer.
Best regards,
Brian
At $42 a month, thats one of the best investments Ive made.
As a retiree committed to Dividend Growth investing, I treat managing my retirement portfolio as a business. I look at subscription costs of SSD, as well as subscription to Barrons, Wall Street Journal, and Seeking Alpha as a cost of doing business. It's a lot cheaper than paying 1.25 - 1.5% fees to an investment advisor IMHO -- a lot cheaper. GLTA
@simplysafedividends - Brian, are there other value types of metrics besides the current PE compared to the stocks 5 year PE? The software looks robust - which also means it could take a while to dig thru all the features.
Retired 2 yrs ago
Brian and SSD tools have been essential to creating and maintaining a livable steady dividend stream monthly.
My only caution would watch the share price decreases, and take action promptly when required.( ie..ATT).
SSD assures the cash income but one needs to watch and act on share price decreases without near term recovery. The new SSD value screens are a great improvement in monitoring these changes.
SSD well worth the price . Brian is a great investor/ teacher.