Vanguard funds have been considered an ideal investment for retired investors. There are tons of funds for you to choose from, and every fund is different from the other. However, it is important to consider whether the fund is a good choice for investors as they reach the age of retirement. Most retirees are considered to be long-term investors, but it is ideal to begin with a short-term investment plan. Investors may choose from dividend funds, growth funds, or bond index funds. Every fund has some unique features and varied rates of returns.

Some of the best Vanguard funds for your retirement portfolio have been listed below:

Vanguard LifeStrategy Conservative Growth
The allocation of assets in this fund is about 60 percent in debt and 40 percent in stocks. This means your fund will achieve a steady growth over a long period of time. It is ideal for low-risk investors and has generated more than 4 percent return over the long-term.

Vanguard Wellesley Income
This is a conservative portfolio where the allocation of the funds range between 60 percent bonds and 40 percent stocks. It has strongly beaten its competitors over the years and is one of the best Vanguard funds for a retirement portfolio.

Vanguard Wellington
The allocation of assets in this fund is not as conservative and has a higher allocation in stocks as compared to bonds.

Vanguard Dividend Growth
This one is an ideal choice for investors looking for dividends. The fund invests into large-cap stocks and has only about 10 percent of the portfolio invested in foreign stocks. The minimum investment amount is $3000 and the expense ratio is low.

Vanguard High Dividend Index
Vanguard high-dividend index is perfect for investors who seek high returns on their investment and have a high-risk appetite. The portfolio includes a substantial allocation in large-cap stocks that pay high dividends, though there are chances that they may be adversely hit due to the movements in the financial market.

The Vanguard funds mentioned above are one of the best choices for your retirement portfolio. Investors need to consider their risk appetite and their return expectations before choosing a fund. For investors who seek regular income, dividend funds are the best while those who are willing to bear a higher risk, the growth funds will show significant results in the long term.