I have done a projection on the growth of my passive income as shown below. This is based on the assumption that I continue to invest $30k per year on shares that give me a dividend of 5%.
The projection is quite in line with my next 20 years goal. If nothing goes wrong in the next 5 years, I should be able to achieve a passive income that covers 80% of my expenses. And next 10 years, a passive income that covers 100% of my expenses.
5 comments:
any advise how to achive such huge amount of passive income? what method did you use besides dividend from singtel and cambridge
Hi OT83,
Room rental.
Regards,
Freedom Achiever
Monetise our property for free cash flow.
Cool!
room rental is cool. but need to have room for rental which i do not have.
i am happy for you that you are closer to your target. All the best!
Hi OT83,
Thank for your encouragement!!!
Regards
Freedom Achiever
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