Mortgage payments. Car payments. Cell-phone bills. Power bills. Water bills. Credit card bills.
Yuck. Theyre the only downside to being retired!
These bills show up (or debit our accounts) every single month. Thats OK when we have a normal j-o-b that pays us every couple of weeks, or every month. But this regular bill gets really old when we retire.
Like you, I prefer to retire on dividends (and leave my nest egg alone). Problem is, most dividends are paid out every quarter, not every month.
So, dividend cash flow is (unfortunately) often out of sync with every-30-day expenses.
Some income investors build out complicated dividend calendars that get knocked out of whack whenever they ever have to sell certain stocks. Mays dividend check might be enough, for instance but June wont be, forcing the investor to withdraw from his retirement fund, shaving away future income-generating potential.
But those in the know have it so much simpler thanks to the rare but revered breed of monthly dividend stocks.
Today, well discuss the safest, most convenient dividend payers on the planet. We can buy them and bank $3,125 each and every month.
Why Monthly Dividends Make Perfect Retirement Sense
Monthly dividend payers that truly have their finger on our pulse as income investors. These companies know that many of their investors require these passive payments. They also know that the electric company doesnt start sending you bills every three months when you hit age 65.
Its not difficult. Traditional quarterly dividend stocks will, every three months, announce a future payment with amount and dividend dates. Some monthly dividend stocks will do the same thing, just every month. Some, like Main Street Capital (MAIN), will pre-plan in three-month increments so that it dishes these monthly dividends:
Theres nothing stopping companies like Coca-Cola (KO) and Johnson & Johnson (JNJ) from doing the same thing. They just dont.
By the way: Even if youre decades away from retirement, monthly dividend stocks have a little something for you. They compound faster:
If all else is equal, youll come out slightly better with a stock that pays you more frequently. So why not favor the monthly payers?
Who Pays Monthly Dividends?
While just about any company that wanted to could distribute income to shareholders each and every month, it typically boils down to a few specialty assets:
None of these include mega-cap blue chips, but thats OK. These still are ample hunting grounds for high-quality high yields.
How to Start Collecting $3,125 Every Month
Let me quickly introduce you to 17 first-level stocks and funds to give you an idea of just how powerful monthly dividend payers can be before we move on to a more elite tier of picks.
Each of these stocks yields more than the benchmarkoccasionally by a little, but typically by more than double and up to four times as much. In all but a couple cases, their returns have handily beat basic benchmarks and a few of them have outright walloped them.
And look at what this group of dividend dynamos is delivering. The average portfolio yield is 7.5%, which is well more than 4x the S&P 500 right now. That translates to $3,125 every month on a mere $500,000 portfolio.
Not to mention youre getting outstanding diversification. Youve got bonds. Youve got preferreds. Youre exposed to equities, and even a BDC that acts like a mini-private equity firm.
And thats just the B squad!
Dont Miss My Crisis-Ready 10% Monthly Payer Portfolio
The A-teama group of my favorite monthly payersare delivering $4,166 a month in regular income checks!
That kind of monthly dividend income provides you with an edge most other retirees can only dream of: Living in retirement off of your investments while actually building your nest egg!
With my 10% Monthly Payer Portfolio, not only can you enjoy a comfortable retirement without ever needing to eat away at your savingsyou can collect your income checks just as frequently as your mailman delivers your regular bills!
These stocks and funds make up an all-weather portfolio that doesnt need a perfect economic environment to churn out all-star income. But theyre not just dividend payerstheyre total return machines that have delivered (and can continue to generate) market-beating gains, allowing you to maintain and even build your nest egg even after youre kissed your cubicle goodbye!
Best of all: These high-income picks are nestled perfectly within my buy-in range.
Ive personally hand-picked and safety-checked this unique portfolio, from every angle, for maximum safety. That includes a cant-miss 7%-yielding preferred-stock fund that is actually increasing its cash distributions.
Its a combination of stocks and funds that are so cheap that they could easily hold their own, even if political tumult and a COVID second wave put the markets recent rally on icebut if the rally does pick up steam, watch out above!
Either way, well be soaking up 10% average yields the whole time!
These picks deliver truly life-changing dividends: In fact, if you drop $500K into this powerful portfolio right now, youll kick-start a $50,000 income stream.
Thats $4,166 a month in regular income checks!
Now is the time to get in, while you can still do so at a bargain. Click here to get everything you neednames, tickers and more!