Investors looking to ditch their 9-to-5 jobs and live off dividend income have several options in the investing space. Three exchange-traded funds (ETFs) stand out for generating a $70,000 annual paycheck with a modest $2 million portfolio.
**Schwab U.S. Dividend Equity ETF (SCHD)**
This top ETF tracks the Dow Jones U.S. Dividend 100 Index, featuring the top 100 US companies with a proven track record of consistent dividend payments. Its emphasis on key fundamental factors and ultra-low expense ratio of 0.06% make it an attractive option.
**Vanguard High Dividend Yield ETF (VYM)**
This ETF delivers broad exposure to many top US dividend payers, offering steady income that outpaces inflation without taking on excessive risk. With a market-cap weighted approach and impressive statistics, including a 2.3% dividend yield and over $72 billion in assets under management.
**Fidelity High Dividend ETF (FDVV)**
This ETF blends hefty yields with growth potential from blue-chip companies, making it a smart pick for investors seeking income plus upside. Its moderate risk profile and 2.8% dividend yield make it an attractive option for those looking for diversification in a long-term passive income portfolio.
These three ETFs offer a solid foundation for generating $70,000 annual dividend income with a modest portfolio balance of $2 million.
Source: https://247wallst.com/investing/2026/03/23/which-etfs-can-replace-a-70k-salary-on-dividends-alone