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The best monthly cash return on a retirement investment.?


I will be receiving over 6 figure profit sharing amount in the near future. I want to invest it, and receive a monthly pay out for my retirement. This is other then an annuity. I am 63 and receiving social security.

You were receiving social security. The profit sharing will wipe that out pretty much.

There are mutual funds that have monthly distributions. But you are limiting your investment choices by stipulation monthly distributions.

Here are some choices.

DPD 8.85% annual return pays 0.15 per share monthly price about $20.00 a share

JSN 9.27% annual return pays 0.148 per share monthly price $19.16 a share

ERH 9.22% annual return pays 0.20 monthly price 26.03. This one just raised the diviidend.

There are all equity funds. Future payouts may or may not be as good.

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