The nest egg needed to support a comfortable retirement varies widely by state.
Couples receiving dividend income may need a smaller nest egg, but those payments can fluctuate and aren't guaranteed.
Monthly dividends totaling $500 to $2,000 can shrink the required invested nest egg by $150,000 to $600,000.
Building a stream of dividend income is a common retirement strategy, giving couples regular cash flow that can help cover expenses without requiring them to sell as much of their portfolio.
An Investopedia ****** ysis found that a typical American couple age 65 or older needs about $1.16 million saved for a comfortable retirement after accounting for roughly $37,700 a year in Social Security. Across the 50 states and Washington, D.C., that figure ranges from about $800,000 to nearly $1.33 million.
#couples
Couples receiving dividend income may need a smaller nest egg, but those payments can fluctuate and aren't guaranteed.
Monthly dividends totaling $500 to $2,000 can shrink the required invested nest egg by $150,000 to $600,000.
Building a stream of dividend income is a common retirement strategy, giving couples regular cash flow that can help cover expenses without requiring them to sell as much of their portfolio.
An Investopedia ****** ysis found that a typical American couple age 65 or older needs about $1.16 million saved for a comfortable retirement after accounting for roughly $37,700 a year in Social Security. Across the 50 states and Washington, D.C., that figure ranges from about $800,000 to nearly $1.33 million.
#couples
1 day ago
