How Much Monthly Income Does a $2 Million Portfolio Produce at Age 60?

With around $2 million invested at an average 3.5% yield, you're looking at generating approximately$ 70,000 annually or $5,833 before taxes. Building this portfolio might include holdings such as Vanguard's Dividend Appreciation ETF ( NYSE:VIG ), yielding 1.6% with consistent dividend growth, combined with the Vanguard Total Bond ETF ( NASDAQ:VTC ) for modest income. There is also the consideration of adding individual positions in companies like Johnson & Johnson ( NYSE:JNJ ) at 2.58% or Procter & Gamble ...