Retiree builds $1M portfolio yielding $5,694 monthly income without selling assets.

Sue, a retiree, created a $1 million portfolio across three ETFs to generate about $5,694 monthly income without selling any assets. The portfolio includes JPMorgan Equity Premium Income ETF (yield 8.46%), Schwab US Dividend Equity ETF (yield 3.34%), and Vanguard Short-Term Corporate Bond ETF (yield 4.44%). This mix balances high income from options premiums, stable dividend growth, and bond stability, providing consistent cash flow despite market volatility. Sue values the steady monthly income over potential higher growth, enabling her to maintain spending and avoid panic selling in downturns.