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Kiplinger
Kiplinger
Business
MP Dunleavey

Hybrid Funds Offer Growth and Cash Flow in Retirement

TIAA BlackRock Craig Copeland Vanguard AllianceBernstein Nuveen
An older couple smiles at a check as they scan it with a cellphone for a direct deposit. The photo may symbolize guaranteed income in retirement.

Few people would consider the field of retirement planning a hotbed of innovation. And yet in the last few years, some top financial services companies have been in the equivalent of a space race, launching a swath of competing investment products designed to help retirees manage their income.

(Image credit: Getty Images)
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