Many retirees expect Social Security to cover all their bills, but benefits only replace about 40% of average wage. To supplement income, consider ETFs like SCHD, which focuses on companies with strong dividend histories, JEPI, investing in S&P 500 companies with options for income, and MUB, offering tax-friendly municipal bonds.

Investors are realizing the benefits of being more hands-on with their investments rather than completely hands-off. New self-directed investing accounts can be funded with as little as $50 and receive stock worth up to $1,000. Take control of your investing and start earning real returns your way.

Read more at Yahoo Finance: 3 ETFs That Can Strengthen Your Retirement Plan