A ~$1.7M portfolio split evenly between SCHD and JEPI targets $7,700/month using each fund's forward payout rate.
JEPI's monthly distributions have dropped sharply since 2022 as volatility fell, and recent payouts still vary from $0.34 to $0.45 per share.
Hold JEPI in an IRA and SCHD in a taxable account to maximize after-tax income from this two-fund strategy.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
A portfolio of roughly $1.7 million, split evenly between SCHD and JEPI, targets $7,700 a month in distributions using each fund's current forward payout rate. Two tickers, one brokerage screen, nothing to rebalance beyond keeping the halves even. For a reader who finds a seven-holding portfolio intimidating, that simplicity is genuinely appealing, and it deserves to be said before the caveats begin.
#targets
JEPI's monthly distributions have dropped sharply since 2022 as volatility fell, and recent payouts still vary from $0.34 to $0.45 per share.
Hold JEPI in an IRA and SCHD in a taxable account to maximize after-tax income from this two-fund strategy.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
A portfolio of roughly $1.7 million, split evenly between SCHD and JEPI, targets $7,700 a month in distributions using each fund's current forward payout rate. Two tickers, one brokerage screen, nothing to rebalance beyond keeping the halves even. For a reader who finds a seven-holding portfolio intimidating, that simplicity is genuinely appealing, and it deserves to be said before the caveats begin.
#targets
1 day ago
