Retirement planning encompasses a wide range of consumers and advocates, from those who have no idea what to do to those who will suggest anything, no matter how unrealistic, to all but a narrow niche of consumers.
Your plan, then, should be built on the middle ground, with reliance on no single product or tactic. Rather it should consist of a mix of proven, safe and thoughtful approaches that will generate enough income to ensure you never run out of money.
There are plenty of ideas to choose from. GoBankingRates.com, a website that tracks interest rates recently published an article listing 25 ideas for retirees to consider. I focused on those addressing retirement finances, and I liked three of them enough to highlight here – followed by another three of my own ideas that everyone should consider. More