HYG is mentioned as a high-yielding bond fund that BNDS has significantly outperformed.
Source Post
Retire On Dividends: My Simple 8% Income Strategy (No Selling Shares Required)
Samuel Smith - Dividend InvestingApr 15, 2026
The creator outlines a strategy for retiring on dividends, emphasizing the benefits of dividend income over share liquidation to mitigate sequence of returns risk and reduce stress. The core of the strategy involves using the Schwab US Dividend Equity ETF (SCHD) as a backbone, supplemented by other ETFs and individual stocks in sectors like utilities, infrastructure, real estate, financials, and technology to achieve diversification and a target yield. The discussion also touches on tax implications and the strategic use of tax-advantaged accounts.
Linked Mentions
Tickers discussed in this post
Walmart is listed as a company included in the GPIQ ETF holdings.
Broadcom is listed as a mega-cap tech company included in the GPIQ ETF.
Alphabet is listed as a mega-cap tech company included in the GPIQ ETF.
Meta Platforms is listed as a mega-cap tech company included in the GPIQ ETF.
Tesla is listed as a mega-cap tech company included in the GPIQ ETF.
Amazon is listed as a mega-cap tech company included in the GPIQ ETF.
Apple is listed as a mega-cap tech company included in the GPIQ ETF.
Nvidia is listed as a mega-cap tech company included in the GPIQ ETF.
LyondellBasell Industries is mentioned as a company highly sensitive to energy supply disruptions that has performed well recently.
Palantir is mentioned as a software company that has delivered phenomenal returns but does not pay out much in dividends, making it stressful for retirees during market downturns.
Microsoft is mentioned as a software company that has delivered phenomenal returns but does not pay out much in dividends, making it stressful for retirees during market downturns.
MPLX is mentioned as an MLP with a high single-digit yield and tax-advantaged income classification (return of capital).
Energy Transfer is mentioned as an MLP with a high single-digit yield and tax-advantaged income classification (return of capital).
Enterprise Products Partners is mentioned as an MLP with a high single-digit yield and tax-advantaged income classification (return of capital).
Brookfield Asset Management is mentioned as an attractive alternative asset manager ('alt space') with a nice yield, strong fundamentals, and an incredible track record.
Blue Owl Capital is mentioned as an attractive alternative asset manager ('alt space') with a nice yield, strong fundamentals, and an incredible track record.
KKR is mentioned as an attractive alternative asset manager ('alt space') with a nice yield, strong fundamentals, and an incredible track record.
Ares Management is mentioned as an attractive alternative asset manager ('alt space') with a nice yield, strong fundamentals, and an incredible track record.
Blackstone is mentioned as an attractive alternative asset manager ('alt space') with a nice yield, strong fundamentals, and an incredible track record.
Hercules Technology Growth Capital (HTGC) is an internally managed BDC with great fundamentals and a nice yield, despite its software exposure.
Main Street Capital is mentioned as a blue-chip BDC with strong fundamentals and attractive yields.
Capital Southwest Corporation is mentioned as a blue-chip BDC with strong fundamentals and attractive yields.
Ares Capital Corporation (ARCC) is a compelling Business Development Company (BDC) with a high yield, strong fundamentals, and a discount to NAV, making it attractive despite the sector being out of favor.
PFFA is a leveraged ETF focused on private credit that offers a high yield and has a history of outperforming the preferred index.
PFFR is a diversified REIT preferred ETF that offers an attractive high yield and monthly distributions, especially appealing due to current interest rate conditions.
Camden Property Trust is a solid pick for residential real estate exposure, offering a good yield and regularly rising dividends.
Mid-America Apartment Communities is a solid pick for residential real estate exposure, offering a good yield and regularly rising dividends.
Agree Realty is mentioned as a REIT with a good track record for paying stable and rising dividends.
WP Carey is a recommended triple net lease REIT that pays stable and rising dividends over time.
NNN REIT is a solid option for real estate exposure, offering stable and rising dividends, though it is not considered particularly cheap at the moment.
Realty Income (O) is a solid option for real estate exposure, offering stable and rising dividends, though it is not considered particularly cheap at the moment.
The Cohen & Steers Infrastructure CEF (UTF) is a solid option for infrastructure exposure, offering a high yield and significant diversification, though it has higher leverage and fees than UTG.
Brookfield Renewable (BEP), a sister company to BIP, is recommended for its exposure to renewable energy assets, offering a good yield and similar distribution growth.
Brookfield Infrastructure Partners (BIP) is a strong option for utilities and infrastructure, offering a high dividend yield and a consistent dividend growth track record.
PepsiCo is listed as a blue-chip holding within the Schwab US Dividend Equity ETF (SCHD).
Coca-Cola is listed as a blue-chip holding within the Schwab US Dividend Equity ETF (SCHD).
Texas Instruments is listed as a blue-chip holding within the Schwab US Dividend Equity ETF (SCHD).
Altria is listed as a blue-chip holding within the Schwab US Dividend Equity ETF (SCHD).
Merck is listed as a blue-chip holding within the Schwab US Dividend Equity ETF (SCHD).
Bristol Myers is listed as a blue-chip holding within the Schwab US Dividend Equity ETF (SCHD).
Chevron is mentioned as a blue-chip holding within the Schwab US Dividend Equity ETF (SCHD) and also as an energy producer that SCHD already holds.
ConocoPhillips is mentioned as a blue-chip holding within the Schwab US Dividend Equity ETF (SCHD) and also as an energy producer that SCHD already holds.
Lockheed Martin is listed as a blue-chip holding within the Schwab US Dividend Equity ETF (SCHD).
DGROW is mentioned as a peer dividend ETF that SCHD's yield is higher than.
DGRO is mentioned as a peer dividend ETF that SCHD's yield is higher than.
VIG is mentioned as a peer dividend ETF that SCHD's yield is higher than.
The S&P 500 ETF (VOO) is mentioned as a broad market investment that can be stressful for retirees due to market volatility and the need to sell shares.
The Nasdaq ETF (QQQ) is mentioned as an example of a broad market investment that has been negatively impacted by recent market volatility, especially for those relying on selling shares for income.