Hi all,
I’m at a point where my corporate job isn’t fulfilling, and I want to start treating my capital as if I might need it to live on long-term. I currently have $1.8M, and I’d need roughly $4k/month to live comfortably in Europe. Im 36 fyi.
I’m wondering how others would approach this:
Should I stay all in a broad world ETF (like VT) and live off occasional dividends and selling shares, or
Should I focus on cash flow with dividend-paying ETFs, maybe keeping 1–3 years of expenses in a high-yield savings account?
If the latter, would you favor dividend growth ETFs (SCHD, DGRO) for long-term rising income, or also allocate to high-yield / income ETFs (VYM, DIVO, covered call funds) for more immediate cash flow?
The goal is to generate enough cash to cover living expenses while keeping the capital growing and protected against inflation.
Curious to hear how people in similare situations structure their portfolioss.