3 Dividend Stocks to Supplement Your Social Security
In order to have peace of mind in retirement, people need to know that they will have enough cash coming in every month to pay the bills. Now, Social Security may serve as the foundation of that retirement income structure, but your benefit checks will only replace about 40% of your pre-retirement income. Where are you going to get the other 60%?
In addition to drawing down on your savings accounts, one way to meet your need for a steady flow of income after you stop working full time is to invest in dividend stocks. By owning equities that pay healthy dividends, you can guarantee that there'll be additional cash flow every month or quarter to supplement your Social Security payments. Here are three of my favorites.
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Source Fool.com
