Goals

Dividend Goals

It is said, “A goal without a plan is just a wish”.

Below are the goals that I’ve set to reach my ultimate goal of retiring at 45.

This page will obviously be a working document as these goals will not be achieved overnight (I have almost 10 years to go).

My plan is to systematically purchase quality dividend growth stocks at acceptable values.  Then take the dividend income generated from the portfolio and put it back to work in more dividend growth stocks.  This dividend machine should be chugging along in no time!

Yearly Projected Dividend Income Goals (Charted)

Final Goal – End Game

  1. Produce enough dividend income & rental income to be able to retire in 10 years (age 45).
  2. Have an Overall Portfolio Yield on Cost of 10%


2015 Goals

  1. Receive $1,400 in dividend income in 2015  – Achieved
  2. Have a portfolio balance of $75,000 – Failed
  3. Have a Portfolio Yield on Cost of 3.75% – Achieved
  4. Open a New Brokerage Account for the Taxable Dividend PortfolioAchieved
  5. Publicly Track my Dividend Income & Net Worth OnlineAchieved

2016 Goals

  1. Receive $3,000 in Dividend Income – Failed
  2. Have a Portfolio Yield on Cost of 4.25% – Failed
  3. Have a portfolio balance of $100,000 (accounts i’m able to manage) – Achieved
  4. Have 50 Different Positions in my Dividend Portfolio – Achieved
  5. Reduce Rental Property #2 Mortgage down to $60,000 – Failed
  6. Grow Net Worth to 850k – Achieved


2017 Goals

  1. Receive $4,320 in Dividend Income
  2. Have a Portfolio Yield on Cost of 4.55%
  3. Have 60 Different Positions in my Dividend Portfolio
  4. Reduce Rental Property #2 Mortgage down to $40,000
  5. Grow Net Worth to 880k


2018 Goals

  1. Receive $5,692 in Dividend Income
  2. Have a Portfolio Yield on Cost of 5%
  3. Reduce Rental Property #2 Mortgage down to $20,000
  4. Grow Net Worth to 900k


2019 Goals

  1. Receive $7,120 in Dividend Income
  2. Have a Portfolio Yield on Cost of 5.5%
  3. Pay Off Rental Property #2 Mortgage
  4. Grow Net Worth to 920k