investing information,

circa33

thank you Bee and Ted, My wife and I are the 85year old investors,
I have a post office pension and We have 2 small Social security
pension income. We would like 2 -6 mutual fund names to create
income for us at minimum risk. We have FAGIX and SPHIX from
Fidelity as a starting point. Sorry for the lack of information on my
part on Our 1st post.The amount is 125k to invest. Again sorry for the
sparse information on My part.
Highest Regards
circa33

bee

Here's an article worth reading on the topic of mutual fund draw down strategy for income that you might find helpful. Bonds may be a challenging space for income over the next few years, but a well managed fund should navigate these issues better than you or I. Also, keep it simple for you as well as you spouse to understand.

Good luck:

https://seekingalpha.com/article/4050402-long-term-growing-income-open-end-mutual-fund-possible

Also, A similar question on income was asked in this thread that may be of some interest:
https://mutualfundobserver.com/discuss/discussion/comment/96671/#Comment_96671