Retired investors are often looking for core exposure in funds that demonstrate low costs and steady income. These two attributes are key to maintaining a correlation with the market, while creating a passive stream of dependable dividends to offset living expenses. One fund company that offers several different options in this arena is the iShares suite of exchange-traded funds from BlackRock, Inc. (NYSE:BLK).
This fund company dominates the ETF landscape because they understand the importance of simple tools with a high degree of transparency and minimal fees.
In fact, BlackRock has nearly $1 trillion in U.S.-based ETF assets and currently holds 40% of the market share overall. This means that its funds are highly liquid (great trade execution) and very tax-efficient (minimizing capital gains).
Without further preamble, let’s jump into my top four BlackRock ETFs to buy for steady retirement income.