Yes, living entirely off the dividend income generated from a $1,000,000 portfolio is entirely feasible, provided your lifestyle expenses align with your yield. Assuming a conservative, diversified portfolio dividend yield of 4%, a $1 million portfolio generates $40,000 per year in passive cash flow. At a higher blended yield of 5% to 6%, annual passive income rises to $50,000 to $60,000. Success depends heavily on regional cost of living, inflation management, and tax planning.