u/Iceman60462

Hi.

What do you think about this calculation :

The Path to $1,000,000 with $SCHD!

1. Invest $100K in $SCHD.
2. Activate DRIP (Dividend Reinvestment Plan)
3. Each month, invest $400 more into $SCHD.
   End of year 1: Your investment is worth $119k, generating $4.1k/year in dividends. You have contributed $104.4K out of pocket.
   End of year 3: Your investment is worth $168k, generating $6k/year in dividends. You have contributed $114k out of pocket.
   End of year 5: Your investment is worth $232k, generating $8.3k/year in dividends. You have contributed $123.6k out of pocket.
   End of year 10: Your investment is worth $500k, producing $19k/year in dividends. You have contributed $147.6k out of pocke
   End of year 15: Your investment is worth $1,040,000, producing $42k/year in dividends. You have contributed $171.6k out of pocket. •
   Congratulations on your $1,000,000!
   NOTE: This exercise uses historical $SCHD annual share appreciation of 11% and annual dividend growth rate of 12%.
   $SCHD is a passively managed ETF that tracks the total return of the Dow Jones US Dividend 100 Index.