Four ETFs offer monthly income for retirees
JEPI and JEPQ pay covered-call income monthly, distributing $4.57 and $6.26 per share respectively over the trailing 12 months.
These ETFs cap upside in bull markets and pay variable distributions.
SCHD and VYM’s dividend growth helps fight inflation over a long retirement, with JEPI having a 0.35% expense ratio, meaning $996.50 of every $1,000 stays invested.