6 Key Investments for Boomers Planning To Retire on Their Own

Core Insights - Retirement planning is essential for ensuring financial stability in later years, with a focus on proper saving and investment strategies [1] Investment Options for Retirees - Diversified dividend-paying stocks are recommended for consistent income and growth potential, emphasizing the importance of sector diversification to reduce risk [3][4] - Municipal bonds are favored for their stability and tax efficiency, providing tax-free income that can help offset Social Security taxation [4] - Laddering maturities in municipal bonds offers predictable cash flow while managing interest rate risk, making them suitable for growth-oriented investments [5] - Roth IRAs are highlighted as a tool for tax-free withdrawals, allowing retirees to manage their tax bracket and avoid higher Medicare premiums [6] - Immediate annuities can provide guaranteed lifetime payments, offering financial security for retirees without a partner's income [6][7] - Short-to-intermediate Treasurys are suggested as a consideration for boomers seeking stable investments [8]