
Retirees who delay Social Security benefits until 70 get the highest guaranteed income, but raises stop after that age, with only modest cost-of-living adjustments (COLA). Inflation and rising costs can erode this income, so dividend-growth ETFs like NOBL, SDY, and DGRW offer a way to increase income through dividends that grow annually. These ETFs invest in companies with strong dividend growth histories, providing retirees with potential income raises and portfolio appreciation to offset inflation. However, they carry equity risk and may fluctuate with market conditions, so diversifying across these funds can balance income growth and risk.