Investing for retirees high-quality corporate bonds rated A or

High-quality corporate bonds rated A or above yield around 4.6%, allowing retirees to lock in conservative, steady income without equity market exposure. We are committed to transparency and accountability, correcting errors openly and adhering to the best practices of the journalism industry. For more details, see our editorial ethics and guidelines . Thirty-four percent of American workers expect to need $1 million or more to retire comfortably, while 18 percent said they’d need $2 million or more. As of July 2024, investing for retirees benefits from bond yields stabilizing near 4.1% for 10-year Treasuries, providing a safer allocation anchor alongside dividend equities for balanced portfolio performance.