With their low default risk, high dividend yields – with some paying yields above 6% – and ability to provide most Americans with tax-free income, the author of today’s article describes municipal bonds as having “the retirement income trifecta.” Recognizing that it can be difficult to buy quality individual municipal bonds, the author recommends seeking out the kinds of municipal bond funds purchased by large institutional investors, and highlights three such funds to consider – including one that he states has “the inside track on the best deals” – a portfolio of which has an average yield of 5.3%. To read more about municipal bonds in general, as well as these three specific funds that can provide a steady stream of retirement income, CLICK HERE.
