"While Social Security is tweaked annually in an attempt to keep up with the pace of inflation, its buying power has been dwindling in recent decades while the core inflation rate of 3% continues to hover above the Federal Reserve's elusive 2% target. One strategic way to bolster your retirement income is to add a mix of income ETFs that are the most likely to offset any deficiencies left by Social Security."
"Rather than relying on a single stock or even asset class, we've uncovered a trio of income ETFs, including both equity and fixed-income flavors, that are dependable bets to offset any Social Security shortfall. These funds include the Schwab U.S. Dividend Equity ETF ( NYSE Arca: SCHD), Vanguard High Dividend Yield ETF (NYSE Arca: VYM) and the iShares Core U.S. Aggregate Bond ETF (NYSE: Arca: AGG), delivering a diversified mix of steady performers, high-yield plays and fixed-income stability."
Social Security's buying power has declined while core inflation around 3% exceeds the Fed's 2% target, creating a retirement income gap. Adding a diversified mix of income ETFs can help offset shortfalls. The recommended trio includes Schwab U.S. Dividend Equity ETF (SCHD), Vanguard High Dividend Yield ETF (VYM), and iShares Core U.S. Aggregate Bond ETF (AGG). SCHD targets the Dow Jones U.S. Dividend 100 Index, emphasizes fundamental strength and cash flow, holds just over 100 stocks, and offers a trailing yield of 3.84% with a 0.06% expense ratio. The trio combines dividend growth, high-yield exposure, and fixed-income stability.
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