2 Top Index Funds That Could Make Retirees Richer Over the Next Decade
Generally speaking, retirees should err on the side of caution when managing their money. That means a good portion of their net worth should be allocated to low-risk assets like bonds and cash, while a smaller portion should be invested in stocks. That said, buying individual stocks may be too risky or require too much research for some retirees.
Fortunately, there is another option. Index funds are a great way to gain exposure to the stock market while minimizing the risk and work involved. In fact, Warren Buffett once told Vanguard founder Jack Bogle that index funds are "the most sensible equity investment for the great majority of investors."
With that in mind, these index funds could make retirees richer over the next decade.
Source Fool.com
