
← DIY Wealth Canada Podcast25 May · 41 min
Ep 34 - Living off Dividends: The Good, Bad, and Ugly
Ep 34 - Living off Dividends: The Good, Bad, and Ugly
<p>Both Bob and Nelson have a simple retirement plan. We want to live off the dividends while the underlying shares continue to go up in value.</p><p>This method has a ton of advantages. It's worked well historically. It's simple. And it comes with much lower taxes than you might first assume.</p><p>But that doesn't mean it's a perfect solution for everyone. This episode we dig deep into the concept and point out not just the positives, but the negatives as well. </p><p>If you plan to retire on just the dividends, you won't want to miss this one. </p>