6 ETFs That Are All You Need for Retirement
In retirement, investors should probably turn to income-focused investments that also have good capital preservation characteristics. While drawdowns in riskier investments won't hurt you badly if you're young and have a lifetime to make up losses, retirees don't have that luxury.
Hopefully, by retirement, your savings are large enough that a prudent allocation between dividend stocks and fixed income securities are enough to cover your living expenses, when combined with Social Security payments.
2022 has been a very unique year in which just about every type of income security has lost value, as interest rates have rapidly risen. However, now is a much better time than a year ago to invest in these types of instruments.
Source Fool.com
