Looking for Reliable Retirement Income? This Vanguard ETF Could Be Worth a Closer Look.

Yahoo Finance ·

There's a reason retirement isn't always smooth sailing. When you're no longer earning a paycheck, keeping up with your expenses can be stressful. That's why it's important to make sure you have steady income coming your way. Social Security may play a big role in your income picture. But for many retirees, it just isn't enough to cover all of their living expenses. That's why it's important to supplement those monthly checks with income from savings and investments. And one investment that may deserve a closer look is the Vanguard High Dividend Yield ETF ( VYM 0.46% ) . The Vanguard High Dividend Yield ETF won't necessarily deliver the highest return. Instead, the fund focuses on owning hundreds of established companies with above-average dividend yields. And that approach could make it a worthwhile addition to your retirement portfolio.

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