As most people approach their retirement, they tend to switch the ratio of bonds to stocks in their portfolios from fewer bonds and more stocks to more bonds and fewer stocks. This is because they want to prioritize making sure that most of their wealth will be there waiting for them when they retire, which comes at the expense of increasing their portfolio by investing in assets with higher risks and thus higher returns. However, it is important to note that people should be flexible when it comes to their portfolios because there is no such thing as a perfect investment strategy that can accommodate the needs and interests of all people out there.
For example, if you feel that you do not have enough money saved up for your retirement, you should hold onto your stocks rather than switch them out for bonds because of their higher returns. Similarly, if you want some additional income flowing into your portfolio while you are retired, you have no choice but to use stocks as well as other higher-risk and higher-return assets. Fortunately, if you are a cautious investor, there are many stocks that can provide you with the best of both worlds by being relatively safe while still providing you with a respectable income.
Here are 20 examples of safe stocks that you can retire on based on the most recent quotes and news (July 1, 2016)