Investment Strategies for Retirement Portfolios - A conservative portfolio with $2 million invested at an average yield of 3.5% can generate approximately $70,000 annually, equating to $5,833 monthly before taxes [1] - A balanced income approach targeting 4-5% yields can produce around $90,000 annually or $7,500 monthly before taxes, utilizing a mix of dividend growth stocks, REITs, and income-focused ETFs [7] - An aggressive income strategy aiming for 6-7% yields can yield $120,000 annually or $10,000 monthly before taxes, focusing on high-yield dividend stocks and covered call ETFs [11][12] Portfolio Composition - Conservative portfolios may include holdings like Vanguard's Dividend Appreciation ETF (yielding 1.6%) and Vanguard Total Bond ETF for modest income [1] - Balanced portfolios might incorporate Enterprise Product Partners (yielding 6.88%), Realty Income, and dividend ETFs like Schwab US Dividend Equity ETF [8][9] - Aggressive portfolios could feature JPMorgan Equity Premium Income ETF (yielding 8.19%), VICI Properties (6.53%), and Global X SuperDividend ETF (9.68%) [12] Considerations for Retirees - At age 60, retirees should consider how to structure their portfolios to last at least 25-30 years, focusing on maintaining purchasing power amid inflation [3][14] - The conservative approach offers stability but may not provide sufficient income for those accustomed to higher earnings, especially if inflation exceeds 4% [6] - The choice of strategy should align with individual financial situations, such as the presence of pensions or other income sources [14]