Analysis: Investors need to put hundreds of thousands of dollars into JPMorgan Chase's monthly dividend ETFs like JEPQ and JEPI to double average Social Security benefits
Analysis indicates that if investors aim to achieve a monthly income equivalent to twice the average U.S. Social Security benefit (approximately $4,142) through monthly dividend ETFs, they would need to invest varying amounts based on the yield of different ETFs. Specifically, the JPMorgan Chase Nasdaq Equity Premium Income ETF (JEPQ), with a yield of approximately 14%, would require an investment of about $351,000; the JPMorgan Chase Equity Premium Income ETF (JEPI), with a 7.6% yield, would require about $650,000; and the Virtus InfraCap U.S. Preferred Stock ETF (PFFA), with an approximate 10% yield, would require about $501,000.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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