With $850,000 saved and a $500,000 income, we want to retire in the near future - should we shift to dividend stocks?

A Reddit user, aiming for early retirement in 15 years, is exploring a dividend-heavy investment portfolio. With $850K in assets and a goal of $5.3 million, he finds dividend stocks appealing for their stability and yields ranging from 2% to 6%. However, fellow Redditors caution him about the risks, emphasizing the potential for companies to cut dividends. His strategy revolves around the notion of conservative finances, planning to utilize the 4% rule for sustainable withdrawals during retirement.

A couple in their mid-30s with a $500K combined annual income seeks early retirement in 15 years, eyeing a $5.3 million goal through dividend investments.

The poster considers switching to a dividend-heavy portfolio to provide a conservative approach, despite knowing the average market return typically exceeds dividend yields.

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