These Index ETFs Are a Retiree's Best Friend
Many retirement portfolios are focused on income generation. This strategy makes a lot of sense. In retirement, past sources of income may not be available. And investment portfolios must be relied on to help satisfy life's expenses.
But don't forget about growth. If you're lucky, your retirement will last decades. So if you want a well-rounded retirement portfolio, you'll want to include investments that focus on both growth and income. For that purpose, these two ETFs will have you mostly covered.
One of my favorite ETFs of all time is the Vanguard Utilities ETF (NYSEMKT: VPU). As its name suggests, this ETF is focused on utility businesses -- a perfect option for retirement portfolios.
Source Fool.com
