Want to Build Serious Passive Income Starting in Your 40s? This Dividend Growth ETF Has the Best Track Record.
Once I hit my 40s, I started focusing more on generating passive income. That strategy has me on track to work less once I reach my 50s, as my passive income will start covering a larger share of my expenses. One of the keys to my strategy has been investing in dividend growth stocks.
An easy way to build passive income is to invest in an ETF focused on dividend stocks. The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) has the best track record, making it a top choice for those in their 40s seeking to build a serious passive income stream.
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