Social Security Isn’t Enough: 3 ETFs That Can Strengthen Your Retirement Plan

Core Insights - Many retirees underestimate their financial needs, relying heavily on Social Security, which typically replaces only about 40% of their pre-retirement income [2] - To achieve financial stability in retirement, additional income streams are essential, with ETFs being a viable option for generating supplemental income [3] ETF Analysis - Schwab U.S. Dividend Equity ETF (SCHD): Focuses on companies with a strong history of paying dividends, tracking the Dow Jones U.S. Dividend 100 Index, and filters out companies with weaker financials for consistent income [4][5] - JPMorgan Equity Premium Income ETF (JEPI): Invests in established S&P 500 companies and generates income by writing call options against its holdings, offering an attractive yield and monthly payouts for better cash flow [6] - iShares National Muni Bond ETF (MUB): Invests in investment-grade municipal bonds with federally tax-exempt interest payments, making it a tax-efficient option for retirees [7][8]