If you are in a situation where daily volatility doesn't determine your income, you are going to feel far more in control over your financial future as a retiree. Sleeping well at night means you aren't chasing tickers during the day, and you instead focus on watching dividends landing in your account. This is a major but important mindset shift that separates income investors from growth chasers.Far and away, the biggest appeal of the Sleep Well at Night Strategy is that it stops you from jumping onto the ...

Core Insights - Warren Buffett's net worth is approximately $151 billion, but he believes he could live comfortably on much less, estimating he could manage without 99.99% of his wealth [1][2] - Buffett suggests that a $1,000,000 portfolio generating $30,000 annually in dividends would suffice for a comfortable lifestyle, indicating a need for at least a 3% yield [2] - The current market environment presents challenges for achieving such yields, with the S&P 500 offering about 1.2% and the Vanguard High Dividend Yield ETF at approximately 2.5% [5] Dividend Yield Trends - Average dividend yields have been declining, with the S&P 500 yield below 3% since the 2008 financial crisis [5] - Companies have increasingly favored stock buybacks over dividends, a trend noted by Deutsche Bank's strategist Jim Reid, who attributes this to a market dominated by high-growth technology firms [6] - Passive investors may struggle to achieve Buffett's preferred yield of 3%, but diversification into other asset classes or selective stock picking could help surpass this threshold [7]