Retire on $6,500 a Month with This 7-Fund, $1.5 Million Dividend Portfolio

The article provides a 7-fund portfolio that can generate $6,500 per month in dividends to fund retirement with a $1.5 million nest egg.

The portfolio is allocated across sectors like REITs, MLPs, BDCs, mega-cap tech, utilities, and gold to provide income, growth, and diversification.

SCHD forms the core holding due to its quality and dividend growth track record. Other funds address SCHD's weaknesses like low yield and sector exposure.

The total portfolio yield is 5.16%, providing sufficient income for retirement. Gold provides a hedge against economic crashes.

The funds listed are not buy recommendations, just a sample portfolio for thought. Readers can get curated recommendations by subscribing to the author's marketplace service.