A very proud moment for us.
42 yo (wife is 39). We have a 13 yo child. We own (6 yrs left on a 15yr at 2.9%) and contribute to our 401k (we both get our employer match and contribute more but do not max it out at $22.5k) and we both will max out our each of our Roth accounts this year for the first time.
We also have a brokerage/taxable account with just north of $50k in it (we've been contributing monthly for 5 yrs), invested in ~20 companies -- many of which are high quality dividend growth stocks. We reinvest 100% of the duvidends. The goal is to use dividends in 5-6 years after our child is out of high school and our mortgage is paid off so my wife can go to part time (she'd be able to jump in my insurance policy).
We will certainly hit the $1k dividends this year (closer to $1.1k) and I'm just feeling really proud. The plan is all taking shape. Slow and steady, my friends.
[link] [comments] https://www.reddit.com/r/stocks/comments/175spzx/ill_get_1000_in_dividends_this_year/
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