When I first went down this financial independence rabbit hole, the dividend model looks pretty sound.

Spend only the income that is paid by your portfolio of dividend stocksYour capital is untouchedSince I am invested in a 100% stock portfolio, if I manage the portfolio well, stocks should give a high probability of keeping up with inflationMarkets can go down. However, since you do not touch your capital, if your capital goes down, and you will only spend the income distributed, your capital will have the opportunity to recover back.Since you are not selling or drawing down your capital, the dividend income model mitigates the sequence of return risk

The capital is sacred. It cannot be touched.

I have a certain degree of confidence that the dividend income model can work for my financial independence. This is because I have been investing in stocks for a while and have lived with

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