These 3 Passive-Income ETFs Are a Retiree's Best Friend
Most people don't want to spend much time managing their retirement portfolio once they've stopped working. After all, you've made it! This is the period in your life when it's time to relax. It is essential to know the tools available to help you build a diversified nest egg that will meet your needs without having to watch it 24/7.
That's where exchange-traded funds (ETFs) can help. These are buckets of stocks that trade under one ticker symbol. An ETF might follow an index or a particular investment strategy. The great thing is that a small handful of ETFs can create a well-diversified portfolio that will help protect you from risk.
Here are three ETFs that could be a retiree's best friend. They are different from one another, but all three offer retirees the passive income they need.
Source Fool.com