How Much Do I Need To Invest To Get 4000 A Month?

How much money do I need to invest to make 4000 a month?

$4,000 a month is $48,000 a year, and you’d need $4.8 million in the bank at 1% interest to generate $4,000 a month.

The current average dividend rate for the S&P 500 is a little over 2%, although it is possible to find stocks with higher dividends.

For example, the Vanguard high yield ETF is curren

How much money do I need to invest to make 1000 a month?

For $1,000 per month, you’d need to get a $12,000 annual dividend yield, which would need about $120,000 invested. And of course, factoring in taxes, these numbers would need to be 35–40% higher, give or take a few variables.

What is the best investment for monthly income?

Some of the key investments that make a monthly income include:

  • Certificates of deposit.
  • Bonds.
  • Floating rate funds.
  • Dividend-paying stocks.
  • Real estate investment trusts.
  • Master limited partnerships.

How much money do you need to invest to live off dividends?

Living off dividends works better as a strategy when you have other sources of income to supplement it. Experts often talk about the 4-percent rule, which states that you should withdraw 4 percent of your portfolio each year during retirement to live on, leaving the rest to generate interest.