FYI: What three things do retirees value? Answer: income, income and income. And if you can get decent retirement income without taking on excessive risk, so much the better. All it takes is a modest amount of retirement planning.
How much income is "decent"? Let's start your income-oriented retirement planning by aiming for yield that is at least double the yield from the broad market itself. The current 12-month yield from SPDR S&P 500 ETF (SPY) is 1.85%.
Regards,
Ted
https://www.investors.com/etfs-and-funds/retirement/retirement-planning-tips-6-funds-double-yield-sp-500/