Simple 2-fund retirement plan yields $2,300/month without selling shares.

A straightforward retirement income strategy using just two Vanguard funds—a 70/30 split between the High Dividend Yield Index Fund ETF and the Total Bond Market Index Fund—can generate about $2,300 monthly on a $1 million portfolio without selling any shares. This approach offers steady income, combining dividends and bond yields, and pairs well with Social Security benefits to provide a reliable income floor for retirees. The simplicity reduces emotional decision-making and portfolio tinkering, which often harm long-term returns, making it a practical choice for retirees seeking stability and ease of management.