Our plan is to retire early by investing in dividend paying stocks. We want to sail the world and think we can do that by living off of $3,000 a month. We will not be able to sail forever, so we want to have $5,000 per month to live off of when we are old and back in the US. In order to make that work, our goal is to get our dividends to $4,000 per month before we leave. We will spend no more than $3,000 per month while sailing so the extra money each month will be reinvested and grow so we can be at the $5,000 per month when we come back.
Our goal is to get our dividends to pay $4,000 per month every month of the year. This seems like a daunting goal, so we have split it up into 40 smaller goals. Here are our 40 smaller goals:
1. Get 10 dividend paying stocks
a. Buy $5,000 worth of shares for each stock
b. At least average 4% yield per month
c. $50,000 total put in
Accomplished January 28, 2014
2. Buy $5,000 worth of shares in two more stocks
a. Get every month to $20,000 worth of stocks bought
b. 12 stocks total
c. $200+ dividend payout per month
d. $60,000 total put in
e. At least average 4% yield per month
Accomplished June 24, 2014
3. Get every month to $30,000 worth of stocks bought
a. Buy $5,000 worth of shares in three more stocks (one for each month)
b. 15 stocks total
c. Increase positions that look good by $5,000 per month
d. $300+ dividend payout per month
e. $90,000 total put in
f. At least average 4% yield per month
4. Get every month to $40,000 worth of stocks bought
a. Buy $5,000 worth of shares in three more stocks (one for each month)
b. 18 stocks total
c. Increase positions that look good by $5,000 per month
d. $400+ dividend payout per month
e. $120,000 total put in
f. At least average 4% yield per month
5. Get every month to $50,000 worth of stocks bought
a. Buy $5,000 worth of shares in three more stocks (one for each month)
b. 21 stocks total
c. Increase positions that look good by $5,000 per month
d. $500+ dividend payout per month
e. $150,000 total put in
f. At least average 4% yield per month
6. Get every month to $60,000 worth of stocks bought
a. Buy $5,000 worth of shares in three more stocks (one for each month)
b. 24 stocks total
c. Increase positions that look good by $5,000 per month
d. $600+ dividend payout per month
e. $180,000 total put in
f. At least average 4% yield per month
7. Get every month to $70,000 worth of stocks bought
a. Buy $5,000 worth of shares in three more stocks (one for each month)
b. 27 stocks total
c. Increase positions that look good by $5,000 per month
d. $700+ dividend payout per month
e. $210,000 total put in
f. At least average 4% yield per month
8. Get every month to $80,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $800+ dividend payout per month
d. $240,000 total put in
e. At least average 4% yield per month
9. Get every month to $90,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $900+ dividend payout per month
d. $270,000 total put in
e. At least average 4% yield per month
10. Get every month to $100,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $1000+ dividend payout per month
d. $300,000 total put in
e. At least average 4% yield per month
11. Get every month to $110,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $1100+ dividend payout per month
d. $330,000 total put in
e. At least average 4% yield per month
12. Get every month to $120,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $1200+ dividend payout per month
d. $360,000 total put in
e. At least average 4% yield per month
13. Get every month to $130,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $1300+ dividend payout per month
d. $390,000 total put in
e. At least average 4% yield per month
14. Get every month to $140,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $1400+ dividend payout per month
d. $420,000 total put in
e. At least average 4% yield per month
15. Get every month to $150,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $1500+ dividend payout per month
d. $450,000 total put in
e. At least average 4% yield per month
16. Get every month to $160,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $1600+ dividend payout per month
d. $480,000 total put in
e. At least average 4% yield per month
17. Get every month to $170,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $1700+ dividend payout per month
d. $510,000 total put in
e. At least average 4% yield per month
18. Get every month to $180,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $1800+ dividend payout per month
d. $540,000 total put in
e. At least average 4% yield per month
19. Get every month to $190,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $1900+ dividend payout per month
d. $570,000 total put in
e. At least average 4% yield per month
20. Get every month to $200,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $2000+ dividend payout per month
d. $600,000 total put in
e. At least average 4% yield per month
21. Get every month to $210,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $2100+ dividend payout per month
d. $630,000 total put in
e. At least average 4% yield per month
22. Get every month to $220,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $2200+ dividend payout per month
d. $660,000 total put in
e. At least average 4% yield per month
23. Get every month to $230,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $2300+ dividend payout per month
d. $690,000 total put in
e. At least average 4% yield per month
24. Get every month to $240,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $2400+ dividend payout per month
d. $720,000 total put in
e. At least average 4% yield per month
25. Get every month to $250,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $2500+ dividend payout per month
d. $750,000 total put in
e. At least average 4% yield per month
26. Get every month to $260,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $2600+ dividend payout per month
d. $780,000 total put in
e. At least average 4% yield per month
27. Get every month to $270,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $2700+ dividend payout per month
d. $810,000 total put in
e. At least average 4% yield per month
28. Get every month to $280,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $2800+ dividend payout per month
d. $840,000 total put in
e. At least average 4% yield per month
29. Get every month to $290,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $2900+ dividend payout per month
d. $870,000 total put in
e. At least average 4% yield per month
30. Get every month to $300,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $3000+ dividend payout per month
d. $900,000 total put in
e. At least average 4% yield per month
31. Get every month to $310,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $3100+ dividend payout per month
d. $930,000 total put in
e. At least average 4% yield per month
32. Get every month to $320,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $3200+ dividend payout per month
d. $960,000 total put in
e. At least average 4% yield per month
33. Get every month to $330,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $3300+ dividend payout per month
d. $990,000 total put in
e. At least average 4% yield per month
34. Get every month to $340,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $3400+ dividend payout per month
d. $1,020,000 total put in
e. At least average 4% yield per month
35. Get every month to $350,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $3500+ dividend payout per month
d. $1,050,000 total put in
e. At least average 4% yield per month
36. Get every month to $360,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $3600+ dividend payout per month
d. $1,080,000 total put in
e. At least average 4% yield per month
37. Get every month to $370,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $3700+ dividend payout per month
d. $1,110,000 total put in
e. At least average 4% yield per month
38. Get every month to $370,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $3800+ dividend payout per month
d. $1,140,000 total put in
e. At least average 4% yield per month
39. Get every month to $390,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $3900+ dividend payout per month
d. $1,170,000 total put in
e. At least average 4% yield per month
40. Get every month to $400,000 worth of stocks bought
a. 27 stocks total
b. Increase positions that look good by $10,000 per month
c. $4000+ dividend payout per month
d. $1,200,000 total put in
e. At least average 4% yield per month
Adventure to Retirement 