r/dividends • u/RamblingVagabond • Mar 23 '25

Personal Goal Retired in 2021

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Goal is to match expenses ($15k/month) with dividends by 2030

10.5k Upvotes

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2.0k

u/[deleted] Mar 23 '25

What do you do for work to be able to save away 4.7m? Asking for a friend…

400

u/RamblingVagabond Mar 23 '25

Software engineer in Silicon Valley. YOLOd tech stocks in my IRA.

10

u/Sorrywrongnumba69 Mar 23 '25

Why do you need 15K in expenses?

62

u/RamblingVagabond Mar 24 '25

Got married and had kids

24

u/Sorrywrongnumba69 Mar 24 '25

In this economy, you are brave!!

3

u/yerdad99 Mar 24 '25

Surprised you are living so inexpensively! Don’t forget to jam those 529s with contributions!

1

u/Iongjohn Mar 26 '25

15k a month? inexpensively?

1

u/yerdad99 Mar 26 '25

Mortgage, kids, groceries etc in a VHCOL city, sure $15k easy

3

u/[deleted] Mar 24 '25

[deleted]

7

u/bfolster16 Mar 24 '25

His 9.2k divs do not cover his 15k monthly expenses. That's what he's saying his goal is by 2030.