Assuming you're in the US - At the current dividend yield rate, save up about $350,000 in Vanguard VYM for $10k/year paid quarterly. If I recall correctly, if t

Assuming you're in the US - At the current dividend yield rate, save up about $350,000 in Vanguard VYM for $10k/year paid quarterly. If I recall correctly, if that's your only income and it's all dividends, you will pay minimal federal taxes (check with a tax pro though).