Retire Early With Passive Income: 3 Best Dividend Stocks With Safe 7%+ Yields

Summary

  • Generating enough passive income to cover your living expenses can enable you to quit your 9-5 job and open up a world of possibilities.
  • While there are many methods to get there, one of the most reliable ways to achieve financial freedom is through investing in dividend stocks.
  • We list 3 of the best stocks yielding over 7% in today's market.
  • Looking for a portfolio of ideas like this one? Members of High Yield Investor get exclusive access to our model portfolio. Learn More »

Business photo shows hand written text early retirement

Andrii Dodonov/iStock via Getty Images

Generating enough passive income to cover your living expenses can enable you to quit your 9-5 job and open up a world of possibilities to pursue with their newfound financial freedom.

Financial freedom looks different

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This article was written by

42.18K Followers

Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering from Texas A&M with a focus on applied mathematics and machine learning.

Samuel leads the High Yield Investor investing group. Samuel teams up with Jussi Askola and Paul R. Drake where they focus on finding the right balance between safety, growth, yield, and value. High Yield Investor offers real-money core, retirement, and international portfolios. The service also features regular trade alerts, educational content, and an active chat room of like-minded investors.

Perspective: "Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where neither moth nor rust destroys, and where thieves do not break in or steal; for where your treasure is, there your heart will be also ... For what will it profit a man if he gains the whole world and forfeits his soul?" ~ Jesus (Matthew 6:19-21; 16:26)

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of EPD, ARCC, TFSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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