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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (17695)	12/2/2013 10:52:21 AM
From: Steve Felix	Read Replies (2) \| Respond to of 34328

We are all at different places. We all do different things. I do what I do and put it out there. For me, one year makes no difference, but over time I believe I should beat the averages, because I believe dividend investing is the best way for me to go, and will beat the market over time. I started out wanting $12k after taxes, and rising 5% annually, from this account by the time I was 59 1/2. Worked out further this comes to a 2018 goal of $16,915 growing 5%. When I set the goal, it was more or less a back up plan. Five years of CDs, each a years worth of spending, to get us through four years. Now three years. SS with along with divs from our taxable account should have provided well. The wife decided not to retire which has compounded everything to the positive side. Knowing I had the leeway, MHR has added another few years of expenses that we already don't need. I'll use CDs coming due this month and next to pay down my margin. Stepping away from dividend investing in our taxable account has made it so that I don't ever see us using any of my IRA. I've never been a follower. A "mission statement" would have kept me from where I am now. Everyone needs to do what they believe is right for them. Much depends on how important the money from an account will affect retirement imho. I'll stick with simple: The objective of investing is to accumulate wealth and build income long term.