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>> $1M in a high quality REIT can generate 12% dividends, which is $120K. Are these 12% dividends normal or sustainable? Have they continued over the years? Co
by TuringNYC 7y ago
>> $1M in a high quality REIT can generate 12% dividends, which is $120K.
Are these 12% dividends normal or sustainable? Have they continued over the years? Could you name a couple of sample names/tickers?
>> A single person could easily live off half that.
True -- perhaps not half but you are forgetting taxes!
- tempsy 7y agoYou can live off $60K pre tax as a single person even in a high cost city. I don’t spend more than $3.5K a month total right now in a normal month in SF. Taxes are not that high at that level of income.