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Stock impact report

Can't Live on $2k a Month in Social Security? Add These ETFs to Your Retirement Portfolio [Yahoo! Finance]

VANGUARD HIGH DIVI YIELD (VYM) 
Company Research Source: Yahoo! Finance
VYM and SCHD are dividend-focused equity ETFs with low expense ratios and stable holdings. BND offers lower volatility through investment-grade bonds rather than stocks. Investors rethink 'hands off' investing and decide to start making real money A lot of people assume that once they retire, they'll be able to manage their expenses on Social Security alone. But you may be surprised by how little those benefits amount to. For context, the average monthly Social Security benefit today is $2,071. If you have extremely low monthly expenses, you may be able to get away with living on a retirement check that small. But what kind of lifestyle will that buy you? You probably won't have money for extras, whether it's treating your grandkids to ice cream or going out to lunch with friends for a weekly meetup. And after a lifetime of hard work, you deserve the leeway to spend on things that make you happy. If you don't like the idea of retiring with just a $2,000 monthly income, th Show less Read more
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