Investors that are looking for ASX 200 retirement shares to buy in 2025 might want to consider the three listed below.
That's because they are strong businesses that brokers currently rate as buys. Here's what you need to know about these shares:
CSL Limited (ASX: CSL)
It's always a good idea to have high quality companies in your retirement portfolio. And there are few companies out there that match CSL in terms of quality.
It is one of the world's leading biotechnology companies. Its three businesses, CSL Behring, CSL Seqirus and CSL Vifor, provide lifesaving therapies and vaccines to patients in more than 100 countries and employ 32,000 people.
But CSL is never one to rest on its laurels. Each year, CSL reinvests ~11% to 12% of its sales back into research and development (R&D) activities. This US$1 billion+ investment ensures that it has an R&D pipeline containing more potentially lucrative and lifesaving therapies and vaccines.
Bell Potter is positive on the company and has a buy rating and $345.00 price target on its shares.
Telstra Group Ltd (ASX: TLS)
Another ASX 200 retirement share to look at is Australia's largest telco, Telstra.
It has defensive qualities and an attractive dividend yield that could make it a good pick for a retirement portfolio.
In respect to the latter, Goldman Sachs is forecasting fully franked dividends per share of 19 cents in FY 2025 and 20 cents in FY 2026. Based on the current Telstra share price of $3.97, this will mean yields of 4.8% and 5%, respectively.
Goldman has a buy rating and $4.35 price target on its shares.
Transurban Group (ASX: TCL)
A third ASX 200 retirement share to consider buying for 2025 is Transurban.
It owns a portfolio of toll roads in Australia and North America. In addition, it has a number of projects, such as the West Gate Tunnel Project, that look set to be supportive of long-term growth.
Given that these roads are always in need, whatever is happening in the economy, particularly given population growth and urbanisation, Transurban has defensive qualities that could make it an attractive option for retirees.
UBS is positive on the company's outlook and is forecasting dividends per share of 65 cents in FY 2025 and then 69 cents in FY 2026. Based on the current Transurban share price of $12.72, this equates to dividend yields of 5.1% and 5.4%, respectively.
The broker currently has a buy rating and $14.55 price target on Transurban's shares.
