Retirement investing has different meanings for investors. Some have already retired, some are looking to retire in a few years and others expect to retire in many years, maybe decades. Different time horizons make for varied investment objectives. However one basic fundamental is that a stream of growing income is needed to pay expenses during retirement.
Retirees want to be able to enjoy life for more years than in the past. But expenses keep going up. Years ago, growth in retirement income was not considered very important. Today income growth has greater value for retirees who want a better life in later years. Growing income deserves more respect in retirement investing.
Source: Seeking Alpha
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