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The average American makes around $66,000 per year, which I happen to have in my hands right now. Play money. Shit. What if I wanted to not work? How many shares would I need of JEPQ, a very popular covered call ETF to replace the average American salary? Currently, one share of JEPQ is $59.32 and they pay a pretty hefty annual dividend. The annual dividend is $6.26 or 10.41%. To make $66,000 I would need 10,643 shares. It would cost me $631,342, which I happen to have.