A recent live event discussed shaping a portfolio to achieve investing goals, including using dividend income to pay bills and calculate retirement funds.
The event covered a mathematical approach and a simpler method using a chart with percentage weightings for a balanced dividend portfolio, allocating 50% to Bedrock Income and 50% to Current Yield.
Any dividend income not used to pay expenses should be reinvested.
A live recording of the event is available for those who missed it.
Author's summary: Harness dividend snowball for investing goals.