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from24/7 Wall St.
1 day agoJP Morgan's Dividend Leaders ETF Sounds Good, But The Yield Underwhelms
JPMorgan Dividend Leaders ETF offers a low yield of 1.59%, significantly less than the 10-year Treasury yield of 4.20%.
According to this Redditor, their father has approximately $250,000 in retirement savings at 65 years of age. On the plus side, the dad is mostly debt-free and has both his and his widow's Social Security/401(k) to collect, as well as being an overall frugal individual. On the downside, the $250,000 is about all that is available to live on during retirement, minus a potential inheritance from a family member that may or may not materialize someday.