To generate years of passive income, you could either build a portfolio of individual dividend stocks or simply invest in a dividend exchange-traded fund (ETF). An ETF allows you to buy several stocks at a time without the hassle of managing a portfolio.

Warren Buffett's safest passive income stocks are perfect for baby boomers looking to supplement Social Security or pension payments.

Read here for 5 dividend stocks that offer a rare combination of high yields, wide moats, strong balance sheets, and growing payouts for a lifetime of passive income.

Investing in exchange-traded funds (ETFs) is one of the easiest ways to start generating passive income. You don't have to manage a portfolio of stocks. Instead, you can buy a few diversified funds and just sit back and watch the income passively flow into your portfolio.

You can buy a bunch of stocks that pay quarterly dividends and set it up in such a way that you get monthly dividends. For instance, you can buy one stock that pays in January, another stock that pays in February,

Investing in dividend growth stocks is a great way to achieve financial independence. Read more to see my 2 high-yield dividend stock picks.

Dividend income from stocks be a good source of passive income. Let's take a look at 45 high dividend yield stocks, 15 each from large cap, mid cap and small cap categories.