{"id":22154,"date":"2025-07-25T03:56:07","date_gmt":"2025-07-25T03:56:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/22154\/"},"modified":"2025-07-25T03:56:07","modified_gmt":"2025-07-25T03:56:07","slug":"aiming-for-rock-solid-retirement-income-id-buy-these-two-asx-shares","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/22154\/","title":{"rendered":"Aiming for rock-solid retirement income? I&#8217;d buy these two ASX shares"},"content":{"rendered":"<p><img width=\"1200\" height=\"675\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/07\/GettyImages-898248356-1-1200x675.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"Happy couple enjoying ice cream in retirement.\" decoding=\"async\" fetchpriority=\"high\"  \/><\/p>\n<p>Image source: Getty Images<\/p>\n<p>Certain ASX shares could be very appealing options for <a href=\"https:\/\/www.fool.com.au\/retirement-guide\/\" rel=\"nofollow noopener\" target=\"_blank\">retirement<\/a> income because of the sectors they operate in and the likelihood of future operational success.<\/p>\n<p>The two businesses I&#8217;ll highlight have important roles in Australia&#8217;s economy. This enables them to generate fairly consistent profitability.<\/p>\n<p>I&#8217;m a fan of both these S&amp;P\/ASX 200 Index (ASX: XJO) shares, as they are among the leaders in their respective fields. This helps them deliver pleasing profit margins and pay solid yields, which could be pleasing for retirement income.<\/p>\n<p> Wesfarmers Ltd (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-wes\/\" rel=\"nofollow noopener\" target=\"_blank\">ASX: WES<\/a>) <\/p>\n<p>Wesfarmers is one of Australia&#8217;s leading retailers because it owns Bunnings, Kmart, Officeworks and Priceline.<\/p>\n<p>I&#8217;d describe Bunnings and Kmart as category leaders. I think they&#8217;ve shown over the last six years that they are capable of growing sales and earnings in all economic conditions.<\/p>\n<p>Households are always on the lookout for good-quality products at good prices. Kmart and Bunnings have built a reputation on cost leadership for customers. I think they have increased their market share during this period of a high cost of living.<\/p>\n<p>As an example of its impressive performance, in the <a href=\"https:\/\/www.fool.com.au\/tickers\/asx-wes\/announcements\/2025-02-20\/6a1252180\/2025-half-year-results-briefing-presentation\/\" rel=\"nofollow noopener\" target=\"_blank\">FY25 half-year result<\/a>, the business reported <a href=\"https:\/\/www.fool.com.au\/definitions\/npat\/\" rel=\"nofollow noopener\" target=\"_blank\">net profit<\/a> growth of 2.9% to $1.47 billion, helping fund a 4.4% increase of the interim <a href=\"https:\/\/www.fool.com.au\/definitions\/dividend\/\" rel=\"nofollow noopener\" target=\"_blank\">dividend<\/a> per share to 95 cents per share.<\/p>\n<p>The business has increased its annual dividend per share each year in the last four years following the demerger of Coles Group Ltd (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-col\/\" rel=\"nofollow noopener\" target=\"_blank\">ASX: COL<\/a>). Broker UBS forecasts the annual dividend payout could increase each year between FY25 to FY29.<\/p>\n<p>At the current Wesfarmers share price, it could pay a grossed-up <a href=\"https:\/\/www.fool.com.au\/definitions\/dividend-yield\/\" rel=\"nofollow noopener\" target=\"_blank\">dividend yield<\/a> of 4%, including <a href=\"https:\/\/www.fool.com.au\/definitions\/franking-credits\/\" rel=\"nofollow noopener\" target=\"_blank\">franking credits<\/a>, in FY26. I think that&#8217;s a solid starting point for retirement income.<\/p>\n<p> Charter Hall Long WALE REIT (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-clw\/\" rel=\"nofollow noopener\" target=\"_blank\">ASX: CLW<\/a>) <\/p>\n<p>This is a <a href=\"https:\/\/www.fool.com.au\/definitions\/real-estate-investment-trust\/\" rel=\"nofollow noopener\" target=\"_blank\">real estate investment trust (REIT)<\/a> that owns a portfolio of properties from a variety of sectors including service stations, telecommunication exchanges, pubs and hotels, government-tenanted office buildings, grocery and distribution centres, food manufacturing, waste and recycling, and so on.<\/p>\n<p>What ties all these properties together is that Charter Hall Long WALE REIT signs on the tenants for long-term leases. The business had a weighted average lease expiry (WALE) of 9.7 years when it announced its FY25 first-half result, implying it has almost a decade of rental income and visibility.<\/p>\n<p>Pleasingly, it had an occupancy rate of 99.8% in the <a href=\"https:\/\/www.fool.com.au\/tickers\/asx-clw\/announcements\/2025-02-07\/2a1577081\/clw-2025-half-year-results-presentation\/\" rel=\"nofollow noopener\" target=\"_blank\">HY25 result<\/a>, demonstrating how it&#8217;s maximising its rental income from its property portfolio.<\/p>\n<p>The business is seeing regular rental income, through both fixed annual increases and <a href=\"https:\/\/www.fool.com.au\/definitions\/inflation\/\" rel=\"nofollow noopener\" target=\"_blank\">inflation<\/a>-linked reviews. Its weighted average rental review (WARR) in the HY25 result was 3.1%. <\/p>\n<p>It rewards investors by typically paying out 100% of its rental profits each year. Its FY25 distribution equates to a distribution yield of 6.1%. I&#8217;d say that&#8217;s a very pleasing level of retirement income.<\/p>\n","protected":false},"excerpt":{"rendered":"Image source: Getty Images Certain ASX shares could be very appealing options for retirement income because of the&hellip;\n","protected":false},"author":2,"featured_media":22155,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,18347,133,18350,18351,18352,18353,131,132,18348,18349],"class_list":{"0":"post-22154","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-category-dividend-investing","12":"tag-finance","13":"tag-partner-feeds-msn-9","14":"tag-partner-feeds-newstex","15":"tag-partner-feeds-sharesight","16":"tag-partner-feeds-webull","17":"tag-personal-finance","18":"tag-personalfinance","19":"tag-tickers_global-asx-clw","20":"tag-tickers_global-asx-wes"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/22154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=22154"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/22154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/22155"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=22154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=22154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=22154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}