The Best Investments for Income in Retirement
You've worked hard for your money. Now it's time to enjoy it.
Finding the best investments for income in retirement will be paramount to your success.
Even with a investment review cheat sheet, making your money last won't be easy.
According to the most recent longevity data from the Social Security Administration, a 50-year-old male can expect to live another 30 years, while a 50-year-old female can expect to live for 33 more years.
At age 60, men and women can expect to live another 22 and 25 years, respectively. These statistics highlight the jarring reality that retirees will most likely need to sustain income for decades.
Reaching retirement is a significant milestone and also a time of powerful financial and investment changes. One of those changes is converting your growth portfolio into an income portfolio.