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This Vanguard Index Fund Could Turn $500 Per Month Into a $1 Million Portfolio That Pays $15,000 in Annual Dividend Income
Source: Nasdaq
Capital Returns (Dividends / Buybacks)
The article says young adults earning the median who save 20% of after-tax income can build a portfolio that pays about $15,000 in annual dividends by retirement. It does not specify the time horizon, portfolio size, or assumptions behind the estimate.
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