Latest news with #monthlyincome
Yahoo
01-08-2025
- Business
- Yahoo
What $500K in Retirement Savings Looks Like in Monthly Spending
When Americans think about how much savings they need to retire, they often think in terms of retirement account balances. You might set a retirement savings goal of $500,000, for example. Trending Now: Check Out: But unless you know how that balance breaks down into monthly income, you won't know whether it's enough to cover your expenses and leave room in your budget for spending on travel, hobbies and other 'wants.' What $500,000 looks like in terms of monthly spending depends on how long you need the money to last, how you calculate income from your savings and how you invest the money. How Long Does the Money Need To Last? To calculate your monthly income from $500,000, you'll need to determine how long you're likely to live in retirement — or the number of months you expect to withdraw money. If you retire at 65, you can assume a 20-year time horizon, according to the Teachers Insurance and Annuity Association of America. That's 240 months, or $2,083 per month in spending, to take the principal from $500,000 to $0. Consider This: Returns on Your Investment Remember that the unused portion of your retirement savings changes due to interest earnings and investment gains and losses. You can apply the 4% rule to figure out your monthly spending allowance in a way that accounts for the changing balance over time. The 4% rule says that you can withdraw 4% of your retirement savings in the first year of your retirement, then withdraw 4% plus inflation in subsequent years. That would give you $20,000 in income in the first year, which comes out to $1,667 per month. This rule assumes a 30-year time horizon and a portfolio allocated evenly between stocks and bonds. Charles Schwab offers suggestions for customizing the withdrawal rate to reflect your personal situation. Reducing the time horizon to 20 years and changing the allocation to 60% stocks and 40% bonds and cash lets you withdraw 5.4% to 5.9% per year. The monthly income would be $2,250 to $2,458 per month. A 10-year time horizon with 20% of your portfolio in stocks and 80% in bonds and cash would let you withdraw 10.2% to 10.6% per year. That would provide a monthly income of $4,250 to $4,417. How Your Money Is Invested The 4% rule assumes you hold your savings in brokerage accounts. But some retirees roll their retirement savings directly into an annuity, per Thrivent. If you were to purchase a $500,000 immediate lifetime annuity, which begins paying out right away and pays you for the rest of your life, your monthly income might look like this, according to $3,002 for a male, $2,919 for a female, if purchased at age 60. $3,269 for a male, $3,151 for a female, if purchased at age 65. $3,671 for a male, $3,498 for a female, if purchased at age 70. Final Thoughts: Consider Getting Professional Advice No one calculation can tell you with certainty how much monthly spending a $500,000 nest egg allows. If you think you're cutting it close, consider working with a certified financial planner (CFP). They can make a plan for you based on highly detailed income and expense projections and offer investing suggestions based on your goals and tolerance for risk. More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 How Much Money Is Needed To Be Considered Middle Class in Your State? How Much Money Is Needed To Be Considered Middle Class in Your State? This article originally appeared on What $500K in Retirement Savings Looks Like in Monthly Spending
Yahoo
29-07-2025
- Business
- Yahoo
Why I'm Obsessed With This 6% Monthly Income Producer
Written by Demetris Afxentiou at The Motley Fool Canada Most, if not all, investors look forward to building a well-diversified portfolio. One of the main components of that portfolio is a monthly income producer. Here's a stellar option that isn't just a monthly income producer, but an exceptional choice for long-term investors to consider right now. The traditional way to establish an income stream When it comes to establishing a monthly passive income stream, most investors are immediately drawn to owning a rental property. And there's a good reason for that. Owning a rental property provides a recurring income stream for investors. In the longer term, it also represents equity that can continue to generate income or even be passed on. Unfortunately, that's where the benefits end. In recent years, the price of buying a home has increased significantly. This, in turn, has put pressure on landlords to raise rents to meet the other big change: interest rates. And to top it all off, taxes continue to rise, and prospective landlords still need to find (and keep) paying tenants. Finally, once all those payments are made, any profit from the rental would be minuscule at best, considering the massive upfront downpayment required. In other words, it's a risky venture that's hardly worth its label as a monthly income producer. Here's the monthly income producer your portfolio needs The alternative to owning a rental property is to invest in RioCan Real Estate (TSX: RioCan is one of the largest REITs in Canada. For those unfamiliar with them, REITs are specific types of companies that own and operate income-producing real estate. They often span various types of real estate and offer investors an opportunity to invest in diverse real estate assets. More importantly, they can provide a juicy income stream to investors, which is not unlike a landlord collecting rent. In the case of RioCan, the company boasts a portfolio of commercial retail and mixed-use residential properties. Over the past several years, RioCan has shifted that mix to include more of the latter. The properties are located primarily on transit routes in Canada's major metro markets. Additionally, unlike owning a traditional rental unit property, there is considerably less risk when investing in RioCan. The 6% monthly income producer One of the main reasons why investors flock to REITs like RioCan is for the monthly dividend. As of the time of writing, RioCan offers a juicy 6.5% distribution. This means that investors who can drop $25,000 into the REIT (as part of a larger, well-diversified portfolio) will generate a monthly income of just over $135. Prospective investors should note that this income comes without a mortgage, property tax bill, or property maintenance. The initial outlay in this example of $25,000 is also considerably less than the typical downpayment needed for a single-unit home. Keep in mind that investors who aren't ready to draw on that income yet can choose to reinvest it. This allows any eventual income to continue growing until needed. Furthermore, invest in RioCan as part of your TFSA and that income suddenly becomes tax-free. In other words, RioCan is a 6% monthly income producer that could be a game-changer for any portfolio. Will you consider RioCan? RioCan offers investors an opportunity to invest in a monthly income producer that is both well-diversified and growing. The company is also a lower-risk option when compared with a traditional rental property. In my opinion, investors seeking a monthly income producer should consider adding RioCan to any well-diversified portfolio. Buy it, hold it, and watch your future income grow. The post Why I'm Obsessed With This 6% Monthly Income Producer appeared first on The Motley Fool Canada. Should you invest $1,000 in RioCan right now? Before you buy stock in RioCan, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and RioCan wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 3 Canadian Companies Powering the AI Revolution A Commonsense Cash Back Credit Card We Love Fool contributor Demetris Afxentiou has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
Globe and Mail
14-07-2025
- Business
- Globe and Mail
Zacks Investment Ideas feature highlights: Coca-Cola, Caterpillar and McDonald's
For Immediate Release Chicago, IL – July 14, 2025– Today, Zacks Investment Ideas feature highlights Coca-Cola KO, Caterpillar CAT and McDonald's MCD. This 3-Stock Portfolio Provides Monthly Income While most stocks pay quarterly dividends, investors can still construct a portfolio that allows them to get paid monthly. For example, the first stock pays dividends in January, April, July, and October. The second stock pays out in February, May, August, and November. And finally, the third stock will pay its dividend in March, June, September, and December. So, investors can reap steady monthly paydays with just a little positioning. A combination of Coca-Cola, Caterpillar and McDonald's shares would provide precisely the blend needed for this portfolio. Let's take a closer look at each one. Coca-Cola Gains Market Share Shares were up nicely following its latest set of better-than-expected results, with the stock also sporting a favorable Zacks Rank #2 (Buy). Concerning headline figures in its latest release, adjusted EPS grew 5% to $0.77, with the company also gaining value share in total nonalcoholic ready-to-drink (NARTD) beverages. The company is also a member of the elite Dividend Aristocrats group, further underpinning its dividend reliability. Caterpillar Keeps Paying Caterpillar is the world's largest construction equipment manufacturer. We see its iconic yellow machines at nearly every construction site. Like KO, the company is a member of the elite Dividend Aristocrats group, with shares currently yielding 1.4% annually. While the current yield may be on the lower end, Caterpillar's 7.9% five-year annualized dividend growth rate picks up the slack. McDonald's Keeps Growing We're all familiar with the restaurant titan McDonald's, seeing those golden arches at seemingly every stop. Analysts have modestly upped their EPS expectations across the board over recent months, a positive sign concerning near-term share performance. MCD shares presently yield 2.5% annually paired with a payout ratio sitting at 61% of the company's earnings. Dividend growth has been solid, with MCD sporting a 8.4% five-year annualized dividend growth rate. Bottom Line Investors love dividends, as they provide a nice buffer against the impact of drawdowns in other positions and provide a passive income stream. And while most companies pay their dividends on a quarterly basis, investors can construct a portfolio that allows for monthly payouts with just a bit of positioning. For those interested in this type of portfolio, the combination of all three stocks above would provide the necessary blend needed. Research Chief Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months. Free: See Our Top Stock And 4 Runners Up Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include Stock #1: A Disruptive Force with Notable Growth and Resilience Stock #2: Bullish Signs Signaling to Buy the Dip Stock #3: One of the Most Compelling Investments in the Market Stock #4: Leader In a Red-Hot Industry Poised for Growth Stock #5: Modern Omni-Channel Platform Coiled to Spring Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%. Download Atomic Opportunity: Nuclear Energy's Comeback free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Caterpillar Inc. (CAT): Free Stock Analysis Report CocaCola Company (The) (KO): Free Stock Analysis Report McDonald's Corporation (MCD): Free Stock Analysis Report
Yahoo
31-05-2025
- Business
- Yahoo
This 2.3% Dividend Stock Consistently Pays Cash
Written by Amy Legate-Wolfe at The Motley Fool Canada In today's uncertain market, dividend stocks that pay monthly have become increasingly attractive. For investors looking to smooth out income and reinvest regularly, the right dividend-paying stock can be a game changer. That's where Superior Plus (TSX:SPB) comes in. With a solid dividend and stable business model, it offers something rare in this climate: reliable monthly cash flow with room to grow. If you're looking for a dependable payout while still capturing long-term upside, Superior Plus could be worth a closer look. Superior Plus is one of North America's largest distributors of propane and related products, with operations across Canada and the United States. It serves residential, commercial, agricultural, and industrial markets, making it a key player in delivering heating and energy solutions. It's not a flashy tech stock, but it's essential, and that's part of what makes it appealing. Its products are in demand year-round, particularly in colder regions where propane heating is a necessity. That stable demand has helped fuel consistent financial performance, even when broader markets have struggled. The company's business model supports its reliable dividend. Superior Plus pays shareholders a dividend of $0.18 annually. As of writing, that translates to a dividend yield of approximately 2.3%. The company has maintained its payout throughout periods of market volatility, offering investors peace of mind and predictable income. For retirees or anyone building passive income, that kind of regularity is hard to beat. Superior's most recent earnings report reinforces the strength of its operations. In Q1 2025, it posted adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $260.5 million, up 10.5% from Q1 2024. This was driven by solid performance in its U.S. propane distribution business and continued benefits from its 'Superior Delivers' cost-saving program. Free cash flow per share came in at $0.94, which was a 54% increase year-over-year. That kind of cash generation provides strong backing for the dividend and also gives the company flexibility to invest in future growth. One key strength is how the company manages its capital. During the first quarter of 2025, Superior Plus repurchased 6.2 million shares, returning capital to shareholders while also increasing earnings per share (EPS). Share buybacks can be a smart move when done sustainably, and in Superior's case, they reflect a company with enough cash on hand to both invest and reward shareholders. Its net debt-to-adjusted EBITDA leverage ratio improved to 3.7 times from 3.8 times last year, showing a steady approach to financial health even while executing on growth plans. Speaking of growth, Superior Plus continues to benefit from its ongoing 'Superior Delivers' transformation initiative. This multi-year strategy is focused on boosting operational efficiency and customer satisfaction. The company aims to deliver an additional $70 million in EBITDA by 2027 through streamlined operations and smarter logistics. Early results are already flowing through to earnings, and if that trajectory continues, shareholders could benefit from both increased profitability and the potential for dividend increases in the future. Another area where Superior Plus shines is in its defensive nature. It operates in an essential service industry, and its customer base is diversified across sectors and regions. During inflationary periods or economic slowdowns, people still need heat and energy. That built-in demand creates a buffer against broader market declines. It's one reason the company has been able to continue raising or sustaining its dividend while other companies have paused theirs. Looking at valuation, Superior Plus shares trade at a forward price-to-earnings ratio that's below many peers in the energy distribution space. It's not the cheapest stock on the TSX, but for a company with strong free cash flow, a sustainable payout, and a clear path for growth, the valuation appears reasonable. Especially when factoring in the monthly income stream, which adds flexibility for reinvestment or expenses. For income investors, consistency matters more than hype. Superior Plus delivers that in spades. Its dividend is backed by real assets, stable demand, and a clear operational plan. It doesn't rely on speculative growth or market swings. Instead, it focuses on growing earnings and sharing them with investors. That makes it a practical choice for any Canadian looking to earn cash every month from their portfolio. The post This 2.3% Dividend Stock Consistently Pays Cash appeared first on The Motley Fool Canada. Before you buy stock in Superior Plus Corp., consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Superior Plus Corp. wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $21,345.77!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 24 percentage points since 2013*. See the Top Stocks * Returns as of 4/21/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool recommends Superior Plus. The Motley Fool has a disclosure policy. 2025
The Sun
15-05-2025
- Entertainment
- The Sun
Sammy Winward's daughter Mia reveals HUGE monthly salary as she buys first home after stripping off
SAMMY Winward's daughter Mia has revealed her whopping monthly salary as she buys her first home after stripping off. The OnlyFans model, 19, says she'll even be a millionaire by the end of this year. 6 6 6 She told The Sun: 'At the moment I'm pushing about 100k a month right now. "I bought a property in Tulum. So I do have that now. So I have that investment at least. So that's kind of saved. "And I have some saved, but I'm not a millionaire just yet. But I promise it's coming this year.' Mia is estranged from her parents, Emmerdale actress Sammy and football star dad David Dunn, and they've told her to "get another job". She appeared to hit back in public, in a very racy post. Mia stripped off to stockings and a mini skirt for snaps, which she captioned: 'Get a real job'. Mia has previously told how her parents Emmerdale actress Sammy Winward and former Blackburn player David Dunn, have expressed their dislike for her career and have repeatedly told her to get another job. Mia recently celebrated her huge earnings while posting a video of her in pink lingerie, writing: "$420k since, on the hub, on the blue and white site and travelling the world." Things have got so bad between the star and her parents that she believes there is no going back after she claims her father cruelly branded her a 'w***e' and slammed the phone down on her. Both are said to be bitterly opposed to Mia's blossoming OnlyFans career. Brooklyn Beckham should take a leaf out of my book - my famous mum footballer dad tried to control me for decades Speaking from Mexico, where she is currently staying, Mia told The Sun: 'I tried to reconnect with my dad and he called me a w***e on the phone. 'I'm completely fully cut off and they want any sort of contact, which is really big shame because I thought I'd be the bigger person in the whole situation. 'I text them I'm saying I was really sorry, I didn't want anything bad to come of it, and it doesn't mean I'm a bad person because I do OnlyFans.' She is also launching her own business, selling off her underwear to her legion of fans. David Dunn is a former pro footballer who spent much of his career playing for Blackburn Rovers, also receiving an England cap, before going on to be a manager of Oldham Athletic, Blackpool and Barrow. He had daughter Mia, who now uses the name Mia Kate Rose, with actress Sammy, who he was engaged to, in 2005 but they split later that year. The upset star added: 'I love my parents. They might not reciprocate that, but I love them to pieces. 'I moved out at 16, I moved to Manchester by myself. I've done everything very independently." Emotional Mia continued: 'I think it's crazy to have such anger towards me when I am in fact at the end of the day their daughter. 'I do totally get the fact that they don't love what I do, but at the same time, I am, I'm a human being' Asked if she thinks things will ever go back to normal, she replied: 'I've lost all hope now.' 6 6 6
