A robust and predictable income is a big concern for retirees. They need to know how to generate enough cash to maintain their lifestyle without exposing their assets to too much risk. Social Security is obviously a key source of steady cash for retirees and some also have a pension, an increasingly rare employer-sponsored retirement plan that pays out like clockwork. Here are 10 other ways for retired folks to obtain reliable income while keeping risk in check.
The nice thing about most of these 10 methods is they can be mixed and matched to suit your personality. However, knowing exactly what to do and getting just the right mix can be a bit complicated, so don't hesitate to consult a qualified financial professional for guidance.
Source: kiiitv
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