"Social security isn't the only way their income has been able to cope with the rising bills. The stock market has been surging, and high-yielding assets have helped them get yields as high as double the rate of inflation or more. If you're a retiree or you plan to be retired, it's not a good idea to miss out on them."
"If you want to hedge against a recession while getting paid a hefty yield, TLTW packs both into one. This ETF holds the iShares 20+ Year Treasury Bond ETF (NASDAQ :TLT) and then writes call options on its holdings to generate extra income on top. TLT itself yields over 4.4%, with TLTW's strategy driving it up to 14.8%. The expense ratio is just 0.35%, or $35 per $10,000."
Record numbers of baby-boom retirees are turning 65 and leaving the workforce, creating a retirement boom that will persist through 2030. The stock market and high-yielding assets have supplied substantial income, sometimes yielding double the rate of inflation. Monthly-paying ETFs such as TLTW, OMAH, and GOLY provide accessible income for retirees. A small portfolio allocation to these ETFs can be reinvested to compound holdings or withdrawn for cash income, outperforming idle cash. TLTW combines exposure to long-term Treasury bonds via TLT with covered-call writing to boost yield to about 14.8% while carrying a 0.35% expense ratio.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]