Well, if I have a portfolio of £20,000 and I invested it in high-yielding dividend stocks like Phoenix Group and Aviva, I could expect to average an 8% yield. So my £20k would get me around £1,600 a year in dividends.

££££££££££££

If we concentrate on the tail and not the dog £1,600 compounded at

8% for 30 years would provide 16k of income.

Whilst it’s unlikely that u would be able to re-invest at 8% for the whole

time but I guess it could average out to around that figure.