<span style="line-height: 18.9091px;">In general, retirees should maintain a diversified portfolio largely comprised of income producing investments. Securities like dividend growth stocks, high quality bonds and CDs should be the main focus in order to deliver a steady income that retirees can live off of for the rest of their lives. Small allocations to riskier asset classes like small caps and junk bonds for a little extra boost are OK too.</span>