How to Generate $9,000 Annual Passive Income From $100,000 Using Covered-Call ETFs and BDCs
A retiree with $100,000 in a brokerage account wants a predictable monthly check covering recurring bills. The target is $750 a month, or $9,000 a year, a 9% blended yield. That exceeds what an S&P 500 index fund or bond ladder pays today. So the income m