How Much Money Do You Need To Live Off Dividends?

In today's video, we're going to explore the topic of how much money you need to live off of dividends.

In my opinion, getting paid dividends from stock that you own is one of the purest forms of passive income.

I know that phrase gets thrown around way too much on YouTube and social media usually from gurus trying to sell you something, but dividends truly are passive income.

In today's video we will learn:
1. How to calculate the amount needed to live off of dividends
2. How to calculate dividend yield
3. Show some common real-world examples of how this can work for you

I will also touch on other dividend-related topics such as taxes, dividend reinvestment plans aka DRIP, and understanding how important it is to invest in companies that grow and don't cut their dividends year after year.