I don’t think you should stop reinvesting your dividends until you are at the age of retirement. One of the best things about dividend investing is the fact of the snowball effect or the compound interest of reinvesting dividends to make more money. As for me, I want to retire early, like in 6 years from now and dividends will play part of that. My first goal is to make $500 per month in dividend. Just in case something happens with money, I can use those sweet dividends to pay some bills and that is an important part that people don’t talk about. If you need to use the money or something in life happens, then use the money. If you can use some of your dividend and reinvest some back, then that would be a good goal but life happens so I understand if people needs to use that money.
It’s total up to you when you want to stop reinvesting your dividends and there are your dividends to use so it’s total your call but think 5, 10, 15 years from now with you not pulling that money and reinvesting that money
