Passive dividend income is a great way to fund your retirement. But how long does it take to build a portfolio that will generate enough passive dividend income? And is your dividend portfolio to hit your target income amount? Today I want to show you how to easily compute and lay out a plan to make sure that you do. You only need 3 pieces of information to design this future dividend income forecast: the current dividend yield, the expected annual dividend growth rate and the forecasted contribution amount. Dividend income increases as a result of 3 different factors, contributions to your portfolio, dividend increases and dividend reinvestment. It's very useful to know the role these 3 factors play on the final dividend income your portfolio can generate. It'll will help you develop the strategy you need today to help attain your desired dividend income in the future. Enjoy!

This episode was originally broadcast on my YouTube channel if you'd prefer to consume the content in video format you can use the link below

https://youtu.be/2OheGAbaWZs

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Disclaimer: This is intended for entertainment purposes only and should not be taken as investment advice.