Top 10 Financial Planning Strategies for Retirees in the US

Create a Total Return Portfolio

Balance risk by focusing on a mix of investments, aiming for an annual return that matches or exceeds your withdrawal rate.

Utilize Retirement Income Funds

Invest in funds that distribute monthly income, automatically mixing bonds and stocks.

Use Immediate Annuities

For guaranteed income, consider an immediate annuity, which offers set income for a predetermined time

Utilize Variable Annuities

These provide a balance of risk and return, adjusting payouts based on investment performance.

Purchase Bonds

A traditional and lower-risk investment option, bonds can provide steady income.

Invest in Rental Real Estate

Property investment can generate ongoing rental income.

Keep Safe Alternatives

Maintain a portion of your portfolio in low-risk options like savings accounts or CDs.

Invest in Closed-End Funds

These funds have a fixed number of shares and can offer diverse investment opportunities.

Focus on Dividends

Investing in dividend-paying stocks can provide a regular income stream.

Consider Real Estate Investment Trusts (REITs)

REITs invest in real estate and can offer both income and growth potential.