Ticker: JEPI โข Yield: 7.5% โข Growth (5yr): 1.5%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $80,000. But if JEPI grows its dividend by 1.5% annually, you can invest less today and hit your goal later.
*Assumes constant dividend reinvestment is NOT included, only dividend growth.
Reinvesting all dividends with constant yield:
| Year | Total Value | Monthly Income |
|---|---|---|
| Year 1 | $86,000 | +$538/mo |
| Year 3 | $99,384 | +$621/mo |
| Year 5 | $114,850 | +$718/mo |
| Year 10 | $164,883 | +$1,031/mo |
๐ Car payment? Gone. You're effectively driving for free.
Is your goal to generate $500.00 every month passively? Based on the yield of JPMorgan Equity Premium Income ETF (JEPI), your target portfolio size is around $80,000.00. We base this on its recent trailing yield of 7.50%.
Traded as JEPI, JPMorgan Equity Premium Income ETF operates within the Options-Based Income ETF space. Many portfolios hold it for consistency.
Why JEPI? Because at $80,000.00 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.