Re-investing dividends is not a Get Rich Quick Plan but more like watching grass grow.

I expect to beat the 2024 year end target of 9k, although not guaranteed.

If we carry this figure forward, compounding at 7% next year’s target will be

(2025) £9,630 and the following year the target will be

(2026) £9,674

All baby steps, although this would equal the plan’s target for year end 2028.

Hopefully the target could be beat as the current portfolio’s blended yield is 11% but that depends heavily on future markets so is not a fcast.

9k compounded at 11% for 2 years equals 11k, possible but not likely.

The ten year plan is still to provide a ‘pension’ of 14-16k pa.

GL