These 3 Index ETFs Are a Retiree's Best Friend
Most investors' portfolios look different in retirement than they do during their working years. And rightfully so. Investors mostly need growth while they are working, when they have time to ride out any rough patches. Once retired, though, they typically need income and stability from their investments.
There's one thing that doesn't change as investors transition from their careers to their golden years, however. Simplicity still makes good sense. Exchange-traded funds (or ETFs) still offer that simplicity regardless of needs or goals.
With that as the backdrop, here's a closer look at three smart ETFs that make sense for nearly any retiree's portfolio. It's no coincidence that each one is income-oriented in one way or another.
Source Fool.com
