via Wall Street Journal
The nest egg is under pressure. People are living longer—sometimes a lot longer—at a time when their ability to comfortably support themselves has never seemed more at risk.
So the big question for retirees, or for those about to retire, is a simple one: How do you make sure your savings last as long as you do?
Two familiar strategies have pushed to the front of ideas about how to secure a steady and lasting stream of income in retirement, a stream that ideally would even grow. One is known as total-return investing, or balancing your investment allocations in a traditionally diversified portfolio—seeking income but also asset appreciation. That approach, its advocates say, in the long run reduces a retiree’s exposure to market volatility and risk.
The other approach is income investing, a strategy that focuses on stable, income-producing investments—such as bonds and equities with healthy dividends—and places less emphasis on asset appreciation and capital gains…
To read the full WSJ Article CLICK HERE