[quote=ice9]…I’m 40 yrs old and keep thinking about stopping work and living off investments…. dividend paying stocks that average 5.5%, and only withdrawal the dividend income…. that income combined with dividend income from my other investments would allow me to stop working.
Any fatal flaws to this thinking?[/quote]
Fatal flaws? Yep. Where do I start?
-A sustainable, inflation-protected, diversified dividend yield of 5.5% isn’t a reasonable assumption
-Retiring at 40 when you don’t have enough saved is a very high risk move, and it is unnecessary. Surely your job isn’t that bad.
