This High-Yield ETF Could Supplement Your Social Security Retirement Checks

• Retirees often request much than conscionable Social Security to unrecorded comfortably.

• JPMorgan Equity Premium Income (JEPI) generates monthly income by holding large-cap S&P 500 stocks and selling telephone options against them.

• JEPI suits retirees with mean hazard tolerance seeking dependable income beyond Social Security’s mean $2,000 monthly benefit.

• A caller survey identified 1 azygous wont that doubled Americans’ status savings and moved status from dream, to reality. Read much here.

There are millions of older Americans contiguous who cod monthly benefits from Social Security. But for galore retirees, Social Security conscionable isn't enough.

The mean monthly payment contiguous is simply a small implicit $2,000. But portion that whitethorn suffice successful covering the basics for immoderate retirees with debased expenses, it's surely not capable for an enjoyable retirement.

A $2,000 monthly check, for example, leaves small wealth near implicit for leisure, travel, and the different things you whitethorn privation to bash erstwhile you're nary longer committed to a job.

That's wherefore it's a bully thought to put successful assets that tin make income to supplement your Social Security checks. And you person galore options successful that regard.

A communal strategy for retirees is to physique a portfolio of dividend stocks. However, not lone does that instrumentality work, but it besides requires you to support tabs connected your investments regularly.

Some radical find that an easier mode to make portfolio income is to bargain shares of the close exchange-traded funds, oregon ETFs, instead. After all, it's easier to negociate 1 concern than a postulation of stocks.

If you're looking for a large plus to supply income connected apical of Social Security, you whitethorn privation to look astatine the JPMorgan Equity Premium Income ETF (JEPI). Let's reappraisal JEPI's strategy and wherefore it whitethorn beryllium a suitable concern for your retirement.

The JPMorgan Equity Premium Income ETF (JEPI) is an income-focused money that's perfect for investors who privation banal marketplace vulnerability and beardown returns with little hazard and volatility. JEPI focuses chiefly connected large-cap U.S. companies wrong the S&P 500 scale -- successful different words, established businesses.

But JEPI doesn't conscionable clasp a halfway radical of stocks. Rather, there's different constituent of the fund's strategy -- selling telephone options against its equity holdings.

Funds that merchantability telephone options get to cod a premium for them, and that's what helps JEPI make regular income for investors. In different words, different ETFs simply clasp a bucket of stocks and anticipation they summation worth oregon output beardown dividends. JEPI does the same, lone connected apical of that, it employs its covered telephone strategy to make dependable income.