Exchange-traded funds (ETFs) and mutual funds are both baskets of individual stocks, bonds, and other securities that provide investors with an easy way to invest and create a diversified portfolio. While they are more similar than not, there are key differences that may lead investors to select one over the other. The purpose of this Brief is to explain the similarities and differences so you can decide for yourself how to choose between these two common fund structures.
Introduction The guardrails approach is a practical way to keep retirees from over- or under-spending as they take withdrawals from their retirement nest egg. In