Retirees Face a Familiar Trap: Chase Yield or Chase Growth?

Retirees often struggle between investing in high-yield assets for regular income or growth-focused investments for appreciation. The article warns that chasing yield alone may limit future income growth, while going all-in on growth can create cash flow problems if markets decline early in retirement. A balanced three-bucket approach—combining cash reserves, growth equities, and dividend-paying investments—is recommended to avoid this trap.