What are the best investment vehicles for retirement income?

Question

Retirement within a year and would like suggestions for secure investments that offer a reasonably high yeild.

Answer 1

Don't use a broker/financial advisor!! Their fees will kill you.

http://www.retireearlyhomepage.com/advise.html

Consider that 4% is considered the safe withdrawal rate in retirement. Does it make sense to pay half of that or more in investing fees to brokers and high priced funds?

There are plenty of good books and articles and tools to help you.

http://news.morningstar.com/articlenet/article.aspx?id=210591&pgid=hparticle

https://personal.vanguard.com/VGApp/hnw/planningeducation/retirement/PEdPrepareRetContent.jsp

And ask here:

http://www.diehards.org/

Answer 2

You are retiring in a year and are, just now, asking for secure investments that offer a reasonably high yield?We have a son in the investment business who has been working our account for 30 years. At first we had two pension annuities which matured, invested from proceeds from the sale of a business and amounts of cash when he had investments that showed promise.My advice find a broker you can trust, sit down and develop a plan for the investment you want to make.Determine the income you will need to live comfortably and establish a diversified portfolio of CDs,stocks, mutual funds,tax free bonds. Don't put all the eggs in one basket.

Answer 3

either laddered cds or corp bonds!!!!

Answer 4

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