Retirement can turn the search for investment income into a delicate balancing act. A portfolio needs to generate enough cash to support withdrawals, but reaching too aggressively for yield can expose retirees to credit risk, price swings, dividend cuts or investments that fail to...

By Donna Fuscaldo From Kiplinger’s Personal FinanceDo you have a plan for how you’ll spend your money in retirement? If not, join the club. Many retirees wing it when it comes to withdrawing their hard-earned savings.But that’s a big mistake, says Jean Chatzky,...