How to Replace a $62,000 Salary Using Monthly Dividend ETFs in Retirement

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A mix of JEPI, JEPQ, and VCIT can generate roughly $62,200 per year on a $750K portfolio at current yields.Each ETF plays a distinct role. JEPI provides defensive equity income, JEPQ boosts yield with higher volatility tech exposure, and VCIT adds stability through investment-grade bonds.Taxes can materially change the outcome. Much of the income is taxed as ordinary income, so account placement and tax planning are critical.If you're focused on picking the right stocks and ETFs you may be missing the bigger picture: retirement income. That is exactly what The Definitive Guide to Retirement Income was created to solve, and it's free today. Read more hereIf you're focused on picking the right stocks and ETFs you may be missing the bigger picture: retirement income. That is exactly what The Definitive Guide to Retirement Income was created to solve, and it's free today. Read more hereWhat’s your plan for retirement? If you haven’t given it much thought yet, it’s worth starting with a simple question: where is your income going to come from?The old model was straightforward. Work a full career, collect a pension, and supplement it with Social Security. That system isn’t as reliable today. Full Social Security benefits are projected to be depleted as early as 2033, and many employers have already phased out traditional pension plans.What’s replaced it is more of a patchwork. Most people have a workplace 401(k). Some also contribute to a Roth IRA. Others, especially those with high-deductible health plans, may be building up savings in a health savings account.When you’re younger, the focus is on growth. You want to compound your capital over time, stay invested through volatility, and take advantage of market dips when you can.In retirement, the objective shifts. Now the goal is to turn that portfolio into a reliable stream of cash flow. One way to do that is by investing in ETFs that generate monthly income, effectively creating a paycheck from your portfolio.There are plenty of options out there. For this example, we’ll focus on three large, well-known ETFs: the JPMorgan Equity Premium Income ETF (NYSEARCA: JEPI), the JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ), and the Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ: VCIT).Using these, we’ll walk through how you could generate roughly $62,000 a year in income, but with a few important caveats to keep in mind.First, all figures discussed are before taxes, which can vary significantly depending on your income level, where you live, and the type of account you hold these investments in.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersF Ford Motor Company 12.18 +0.66 (+5.73%)WDAY Workday, Inc. 119.17 -8.34 (-6.54%)UCAR U Power Limited 2.3800 +1.8286 (+331.63%)GLW Corning Incorporated 165.10 +16.58 (+11.16%)APLD Applied Digital Corporation 27.79 +2.61 (+10.37%)PortfolioSign in to access your portfolioSign inTop gainersAXTI AXT, Inc. 53.18 +7.72 (+16.98%)HUT Hut 8 Corp. 61.43 +8.77 (+16.65%)USAR USA Rare Earth, Inc. 16.78 +2.14 (+14.62%)RIOT Riot Platforms, Inc. 16.11 +1.92 (+13.53%)VSEC VSE Corporation 210.90 +25.01 (+13.45%)Top losersAPA APA Corporation 38.75 -4.21 (-9.80%)VG Venture Global, Inc. 14.44 -1.55 (-9.69%)MUR Murphy Oil Corporation 39.10 -3.64 (-8.52%)SSL Sasol Limited 12.46 -1.14 (-8.38%)WIX Wix.com Ltd. 74.38 -6.61 (-8.16%)Most activeINTC Intel Corporation 58.95 +6.04 (+11.42%)NVDA NVIDIA Corporation 182.08 +3.98 (+2.23%)HOLX Hologic, Inc. 76.01 0.00 (0.00%)NOK Nokia Oyj 9.44 +0.59 (+6.67%)AAL American Airlines Group Inc. 11.41 +0.60 (+5.55%)Top economic eventsEarnings eventsMy earnings eventsEarnings events