Can You Quit Your Job and Live Off an ETF? The Reality of Dividend Nomads

Trillions Can You Quit Your Job and Live Off an ETF? In this episode, we explore the “dividend nomads,” people using derivative-income funds to generate the cash they need to live abroad. Listen and subscribe to Trillions on Apple, Spotify, iHeart and the Bloomberg Terminal. What if an exchange-traded fund could help you quit your job and travel the world? Self-described “dividend nomads” are trying to do just that, using derivative-income ETFs to generate the cash they need to live abroad. The funds can offer eye-popping yields — sometimes well into the double digits — and the category has recently exploded in popularity. But generating that much income comes with tradeoffs, and making the nomad math work can be more complicated than it looks.