Older adults likely began their investing careers before exchange-traded funds existed and have stuck with traditional mutual funds. But as retirement approaches, many investors look at their portfolios with a fresh set of eyes and make adjustments. And the more I work with in-retirement portfolios, the more I like ETFs and traditional index funds for several reasons: 1) Index Funds and ETFs Lend Themselves Well to Cash Flow Extraction For retirees who are using income distributions from their investme ...