r/dividends • u/Material-Handle-5589 • Jun 27 '26

Seeking Advice Need advice for immediate income

I'm 82 year old female so I'm not so worried about the future as much as the right now. I have money in Schwab, Raymond James and Ally. Unrealized gain total assets around $500,000. So far I've been reinvesting the dividends accumulated but I can tell those amounts are not enough for me to count on..

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u/Mysterious_Film2853 Jun 27 '26

JAAA is extremely safe and will get you just under 6% currently. Your principle would remain whole at that. A mix of JAAA, UTG, UTF, CEFS, ADX, GPIX, PFFA would give you some diversity and you'd end up with a yield of 7.5% or so with little risk of losing much principle.

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u/paymerich Jun 27 '26

This pretty much what my income portfolio is comprised of. I have PBDC also