Amount of securities needed to live off dividends or interest alone.
The Live Off Dividends / Interest Calculator is designed to help you determine how much you need to invest in dividend-paying securities or interest-bearing assets to cover your yearly expenses. By inputting your desired annual expenses and the dividend yield or interest rate of the securities or assets you're interested in, the calculator provides a clear estimate of the total value required for a comfortable, investment-funded retirement. For the inputs, the maximum yield or interest rate is 50 percent, and the maximum expenses are 1 million.
Company | NerdWallet Rating | Interest Rate |
---|---|---|
SoFi Checking and Savings | 4.5 /5 | 4.30% |
CIT Bank Platinum Savings | 4.5 /5 | 4.70% |
American Express® High Yield Savings Account | 4.5 /5 | 4.10% |
Barclays Tiered Savings Account | 4.5 /5 | 4.50% |
Capital One 360 Performance Savings™ | 4.5 /5 | 4.10% |
UFB Portfolio Savings | 4.5 /5 | 4.83% |