The amount you will need to live off dividends varies depending on your expenses and lifestyle. A general rule of thumb is to aim for a portfolio that yields around 4% to 5% in dividends. To generate an annual income of $50,000, for example, you would need to have a portfolio of approximately $1 million invested in dividend-paying stocks. It's important to note that this is a rough estimate, and your circumstances may vary. It's crucial to regularly evaluate your portfolio and adjust your strategy to ensure you meet your income needs.