Want a More Reliable Retirement Paycheck? Use These ETFs to Supplement Your Social Security

Core Insights - The Social Security program may face potential benefit cuts, impacting the guaranteed income for retirees [2][3] - Average wage earners can expect Social Security to replace about 40% of their pre-retirement income, which may necessitate significant expense reductions in retirement [3] Investment Opportunities - The JPMorgan Equity Premium Income ETF (JEPI) generates additional income by selling call options on its holdings and pays monthly dividends, making it a suitable supplement to Social Security benefits [5][6] - The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) focuses on high-dividend, low-volatility stocks within the S&P 500, providing a more stable income stream with reduced investment risk [7][8]