► WeBull (Get 612 Free Stocks worth up to $30,600 when you deposit at least $0.01) ➭ https://a.webull.com/i/HumphreyYang'>https://a.webull.com/i/HumphreyYang
WeBull UK (Get 2 Free Stocks when you deposit £100 and maintain funds for 30 days) ➭ https://www.webulluk.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 ➭   / humphreytalks  
Hump Days Newsletter ➭ https://humpdays.substack.com
Follow My Twitter ➭   / humphreytalks  
Personal Finance Discord ➭   / discord  

Free Stocks:
► WeBull (Get 712 Free Stocks worth up to $30,600 when you deposit at least $0.01) ➭ https://a.webull.com/i/HumphreyYang'>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:
   / larrycheungcfa  

Links Used:
https://www.financialsamurai.com/bett...
https://www.nerdwallet.com/article/fi...
https://www.investopedia.com/taxes/ca...
https://www.investopedia.com/terms/q/...
https://www.dividend.com/stocks/techn...

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):   / coldgamerick  
Instagram:   / humphreytalks  
Tik Tok:   / 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 email 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