{"id":91448,"date":"2025-09-28T21:50:10","date_gmt":"2025-09-28T21:50:10","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/91448\/"},"modified":"2025-09-28T21:50:10","modified_gmt":"2025-09-28T21:50:10","slug":"6-key-investments-for-boomers-planning-to-retire-on-their-own","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/91448\/","title":{"rendered":"6 Key Investments for Boomers Planning To Retire on Their Own"},"content":{"rendered":"\n

Retirement is a sought-after goal for most. But ensuring that you\u2019ve saved and invested properly is key to setting yourself up for a successful retirement<\/a>.<\/p>\n

Read Next: Here\u2019s Why You Might Want To Invest Your Retirement Savings in a Roth 401(k)<\/a><\/strong><\/p>\n

For You: 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth<\/a><\/strong><\/p>\n

For boomers planning to retire on their own, here are some key investments to consider that financial experts told GOBankingRates are good options.<\/p>\n

Also see the six best types of investments if you want to retire early<\/a>.<\/p>\n

Dividend-paying stocks<\/a> can provide consistent income while maintaining growth potential, according to Christopher Stroup, CFP, founder and president of Silicon Beach Financial<\/a>.<\/p>\n

Additionally, it\u2019s important to ensure the portfolio of stocks is diversified too. \u201cFor boomers retiring solo, diversification across sectors helps reduce risk and smooth returns,\u201d Stroup said. \u201cPairing dividend income with a broader withdrawal strategy ensures sustainability without eroding principal too quickly. A balanced equity allocation can support both income needs and long-term growth.\u201d<\/p>\n

Learn More: I Help People Retire Every Day \u2014 Here\u2019s the Most Common Retirement Mistake People Make<\/a><\/strong><\/p>\n

Stroup is also a fan of municipal bonds<\/a> for retirees seeking stability and tax efficiency. According to him, their tax-free income can help offset Social Security taxation and reduce overall liability in retirement.<\/p>\n

For solo retirees, laddering maturities provides predictable cash flow while managing interest rate risk, making them a valuable complement to growth-oriented investments, Stroup said.<\/p>\n

Per Stroup, a Roth IRA<\/a> can be a powerful tool for solo retirees looking to control their tax bracket in retirement.<\/p>\n

\u201cSince withdrawals are tax-free, they provide flexibility to manage required distributions, avoid higher Medicare premiums and preserve other taxable accounts,\u201d Stroup said. \u201cStrategic Roth conversions before retirement can unlock even greater benefits.\u201d<\/p>\n

Stroup said that for boomers without a partner\u2019s income to lean on, immediate annuities can offer guaranteed lifetime payments and peace of mind.<\/p>\n

Allocating a portion of savings to an annuity<\/a> ensures a baseline of predictable income, reducing dependence on market performance and helping cover fixed expenses throughout retirement, according to Stroup.<\/p>\n

Charles Urquhart, CFA, founder of Fixed Income Resources LLC<\/a>, said boomers should consider short-to-intermediate Treasurys.<\/p>\n","protected":false},"excerpt":{"rendered":"Retirement is a sought-after goal for most. But ensuring that you\u2019ve saved and invested properly is key to…\n","protected":false},"author":2,"featured_media":91449,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177],"tags":[79,47455,59446,18095,18,5267,19,8435,17,234,235,4036,59447],"class_list":{"0":"post-91448","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-christopher-stroup","10":"tag-consistent-income","11":"tag-dividend-income","12":"tag-eire","13":"tag-gobankingrates","14":"tag-ie","15":"tag-investments","16":"tag-ireland","17":"tag-personal-finance","18":"tag-personalfinance","19":"tag-retirement-savings","20":"tag-tax-free-income"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/91448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=91448"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/91448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/91449"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=91448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=91448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=91448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}