SDY - These 3 Income ETFs Are a Retiree's Best Friend
Are you a retiree looking for investment income? Or is that time of your life fast approaching? Don't sweat it. The shift from a growth-oriented portfolio to a safer, income-oriented one doesn't have to be a difficult transition.
Indeed, if you're so inclined, you can accomplish it entirely with exchange-traded funds (ETFs). You should probably make a point of doing so, in fact, since as a retiree you should be seeking as much safety and stability as you can muster without crimping your total returns. Here are three dividend-paying ETFs to help get you started on your search.
It's an obvious choice almost to the point of being a cliche, but most of any portfolio's foundational holdings are the obvious ones. To this end, consider starting your shift toward more income-producing assets with the SPDR S&P Dividend ETF (NYSEMKT: SDY) .
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These 3 Income ETFs Are a Retiree's Best Friend