"At the core of this movement or shift, the biggest appeal for anyone close to or in retirement is just how simple monthly paycheck ETFs can be. It's really something that you can do and match the way you've been living for years, which is going to help you naturally continue to budget and pay your bills, groceries, or any other recurring cost that continues to be part of your life."
"The alternative, with quarterly dividend payouts, is that you can find yourself in a period of uncertainty and having to now budget differently than you have been accustomed to for decades. It's not impossible to overcome, but for many retirees who value simplicity with their financial life, monthly paycheck ETFs are invaluable. In addition, market volatility has made those who might be considering the strategy of more traditional drawdown strategies less safe."
As retirees or near-retirees stop full-time work, maintaining regular income becomes essential for budgeting and financial stability. Monthly-paycheck ETFs deliver regular monthly payouts that replicate a biweekly or monthly paycheck, enabling continued budgeting and bill payment. Monthly payouts reduce uncertainty compared with quarterly dividends and preserve simplicity for retirees who prefer consistent cash flow. Market volatility makes selling shares during downturns risky and can erode long-term compounding; monthly-dividend ETFs can reduce or eliminate the need to withdraw funds at unfavorable times. These ETFs can therefore lower stress, provide steady income, and protect portfolio value.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]