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Personal Finance
This “Boomer Candy” ETF Pays $140,000 a Year in Income for $1 Million Invested, As Long as the Market Doesn’t Drop 40% in a Month.
Retirees hunting for six-figure income on a seven-figure nest egg are being pitched a new product. Matt Kaufman, global head of ETFs at Calamos Investments, described the Calamos Autocallable Income ETF (NYSEARCA:CAIE)…