Want Passive Income for Retirement? Here's 1 ETF Worth Looking At.
If you like the idea of an extra retirement paycheck, this investment deserves a look.
Overview
In retirement, it's crucial to set yourself up with reliable income to take the place of your paycheck. And you can probably count on Social Security to cover a portion of your retirement expenses.
But those benefits probably won't pay your bills in full, since they're only designed to replace about 40% of your pre-retirement earnings. Having additional income from investments can help pay for everyday costs, protect against rising prices, and provide more flexibility.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.