To ensure a comfortable retirement, it’s crucial to save and invest wisely. Real estate investment trusts (REITs) are a popular choice for retirement portfolios. REITs generate income from real estate portfolios, providing diversification and steady income. With a requirement to distribute 90% of taxable income to shareholders, REITs offer higher dividend yields and stability. This income can supplement Social Security and act as a hedge against market volatility in retirement. While not without risk, REITs can offer significant benefits for retirees looking to grow their wealth.

Read more at Yahoo Finance: Here’s 1 Investment I’m Not Letting Go of in Retirement