Core Idea - The article emphasizes the growing trend of building a monthly income portfolio to provide consistent cash flow for investors, particularly those approaching retirement [1][4]. Group 1: Monthly Income Strategy - Investors are increasingly seeking to create a portfolio that generates reliable monthly income, which can alleviate financial pressure during market downturns [3][4]. - The strategy involves diversifying investments across various asset classes, including ETFs, stocks, REITs, and bonds, to ensure a balanced income stream [5][8]. - Monthly income portfolios aim to manage risk and provide smoother cash flow, especially in volatile market conditions [6][8]. Group 2: Implementation and Examples - Dividend investors should consider the timing of payouts, as many U.S. companies pay dividends quarterly; staggering these holdings can create a monthly income rotation [6][8]. - Monthly-pay ETFs and REITs can be included to fill any gaps in the income calendar, ensuring predictable cash flow [7][8]. - Specific examples of monthly dividend payers include Realty Income (O) and Main Street Capital (MAIN), which pay $0.26 and $0.25 per share, respectively [8].