10 Funds To Retire Today, 6.5% Income

Sep. 28, 2024 9:00 AM ETAAPL, ABBV, ADX, AMGN, AMLP, AMZN, AVGO, BLK, BME, BMY, CEG, CMS, CNP, EPD, ET, FAGIX, GOOGL, HD, JEPQ, JPM, KO, LLY, LMT, META, MSFT, NI, NVDA, PAA, PEG, PEO, PPL, RNP, RVT, SCHD, UTG, VAW13 Comments
(24min)

Summary

  • This article is focused on retirees and income investors who want to generate a relatively reliable and consistent source of income without losing sleep.
  • The growth of your investments in retirement is no less important, as it needs to beat inflation and unforeseen circumstances of the future for many decades.
  • We present a portfolio of 10 funds that is highly diversified with many asset classes and will likely offer consistent income and closely match the market's long-term returns.
  • Looking for a portfolio of ideas like this one? Members of High Income DIY Portfolios get exclusive access to our subscriber-only portfolios. Learn More »

Businessman holding black alarm clock with clockwise countdown from work to retirement.

Dilok Klaisataporn

The Fed delivered a relatively large 50-basis-point cut on Sep. 18th, the first cut in more than four years. The trend for the interest rates is clear, at least in the short to medium term. They are going



High Income DIY Portfolios: The primary goal of "High Income DIY Portfolios" Marketplace service is high income with low risk and preservation of capital. It provides DIY investors with vital information and portfolio/asset allocation strategies to help create stable, long-term passive income with sustainable yields. The portfolios are designed for Income-Investors (including retirees or near-retirees). We provide seven portfolios: 3 buy-and-hold, 3 Rotational portfolios, and 3-Bucket NPP Model Portfolio. This includes two High-Income portfolios, two DGI portfolios, and a conservative NPP strategy portfolio with low drawdowns and high growth. For more details or a two-week free trial, please click here.

This article was written by

Financially Free Investor is a financial writer with 25 years investment experience. He focuses on investing in dividend-growing stocks with a long-term horizon. He applies a unique 3-basket investment approach that aims for 30% lower drawdowns, 6% current income, and market-beating growth on a long-term basis and he focuses on dividend-growing stocks with a long-term horizon.

He runs the investing group High Income DIY Portfolios which provides vital strategies for portfolio management and asset allocation to help create stable, long-term passive income with sustainable yields. The service includes a total of 10 model portfolios with a range of income targets for varying levels of risk, buy and sell alerts, and live chat. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ABT, ABBV, CI, JNJ, PFE, NVS, NVO, AZN, UNH, CL, CLX, UL, NSRGY, PG, TSN, ADM, BTI, MO, PM, KO, PEP, EXC, D, DEA, DEO, ENB, MCD, BAC, PRU, UPS, WMT, WBA, CVS, LOW, AAPL, IBM, CSCO, MSFT, INTC, T, VZ, CVX, XOM, VLO, ABB, ITW, MMM, LMT, LYB, RIO, O, NNN, WPC, ARCC, ARDC, AWF, BME, BST, CHI, DNP, USA, UTF, UTG, RFI, RNP, RQI, EVT, EOS, FFC, GOF, HQH, HTA, IFN, HYB, JPC, JPS, TLT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: The information presented in this article is for informational purposes only and in no way should be construed as financial advice or recommendation to buy or sell any stock. The author is not a financial advisor. Please always do further research and do your own due diligence before making any investments. Every effort has been made to present the data/information accurately; however, the author does not claim 100% accuracy. The stock portfolios presented here are model portfolios for demonstration purposes. For the complete list of our LONG positions, please see our profile on Seeking Alpha.

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