re: Where to invest for income

Too old (81) to manage real property. Too old to try to recover from risky investment losses - not enough time left. I don't trust CFP's. We (my wife and I) have a recently widowed friend who told me she was being charged $500.00 per month in management fees by her CFP.

Our CD is in both names in JROS so we have full $500K FDIC protection. We absolutely have to invest in something that has as little risk as possible.

So, considering the volatility of stocks currently,
would stocks from financially strong companies that have dividend yields greater than 2.25% be a viable option?

I appreciate serious responses because we really could use more income. We are savers, not spenders, so the current fiscal policy of the Federal Reserve of holding interest rates down to benefit spenders really ticks me off.