These 3 Index ETFs Are a Retiree's Best Friend
The way you invest for retirement obviously isn't the same way you want to invest during retirement. While you're working and accumulating wealth, you're willing and able to invest aggressively. Once the work-based income stops and you start living on your savings, however, you should shift to a more conservative approach. As a retiree, you'll also typically need your investments to begin generating at least some income. And if you can simplify the whole thing, so much the better.
With that as the backdrop, here's a closer look at three index-based exchange-traded funds (or ETFs) that all current and near-future retirees should consider buying. They collectively meet all the criteria older investors have in mind for their holdings at this stage of their lives.
Let's start with the obvious reality. You're likely looking to your retirement savings to generate spendable cash once you're retired. That's no simple matter though. You want good income now, but you'll also want this dividend income to grow at a pace that at least keeps up with inflation in the future.
Source Fool.com
