▲ 173 r/SCHD
Going ALL-IN with SCHD
I had been investing in my rollover IRA in growth assets until recently when I shifted fully to SCHD. I am 40 years old and the calculators day that if I don't invest anything more and DRIP, I should be set in 20-25 years with dividends income reaching 150k+ annually. My question to the community is, how dumb is this strategy? What potential pitfalls do you see and/or any advice to give?
u/SpecialistScience749 — 12 days ago