The blog portfolio earns passive income from investing in a portfolio of Investment Trusts.
The seed capital was 100k, whilst u may not have the cash to invest u can add to a SIPP, where the government adds to your payment and build your dividend stream.
The current 10 year fcast for the portfolio is 14 – 16k dividends a year to be used for a ‘pension’, with no further capital to be added.
A current annuity for 100k is around 7k pa and u have to forego all your capital.
This year’s fcast is 8k with a target of 9k, the portfolio’s dividend stream is currently ahead of the target.
If u have longer than ten years before u need the income, u could let the power of compound interest grow your Snowball even bigger.
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