Top 5 retirement funds to invest in

The fundamental goal of a retirement portfolio is creating a lifetime income sufficiency with the requirement for growth and preservation of the assets. There are many funds available in the market where you can invest your money in.Out of these, the top 5 retirement funds are as follows:

  • Nicholas Equity Income Fund: This equity income fund is managed by Albert Nicholas himself. For the last decade, the fund has outperformed most of the mid-cap peers. The fund targets at high paying dividend stocks for generating a stable and secure income stream with an appreciation of assets.
  • Vanguard Wellesley Income Fund: The Vanguard Wellesley Income Fund has grown to approximately $40 million in assets. This fund utilizes a balanced approach in order to provide a high-level of current income along with a long-term growth of investor’s income. Wellesley invests most of the assets in bonds.
  • Vanguard Dividend Growth Fund: This dividend growth fund has to be mentioned when it comes to choosing from the top 5 retirement funds. The Vanguard Dividend Growth Fund, with lower volatility, has beaten the S&P 500’s index by more than a point percentage over the last decade.
  • Parnassus Equity Income Fund: This Income fund has managed to capture steady and stable returns from all across the market capitalization spectrum. The Manager of Parnassus Equity Income Fund, Todd Ahlesten, focuses on the dividend-paying companies which have a strong balance sheet. The equity income fund has been providing a 9.55% return over the last decade.
  • T. Rowe Price Dividend Growth Fund: This is a slow and steady performer among the top 5 retirement funds. This dividend growth fund focuses on the steady long-term returns. This fund relies heavily on the dividend strategy, which seeks to combine dividend-paying stocks with income.

All the aforementioned top 5 retirement funds perform slowly and steadily, offering long-term returns for the retired people.

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