If You're Retired, Consider Buying These 3 Stocks
For many people, retirement income will consist of Social Security checks (which only deliver, on average, about $18,500 annually) and income from stocks. Stocks can generate income for you when you sell them, but then they're gone. A powerful way to collect income from stocks without having to sell any shares is to invest in healthy and growing dividend-paying stocks.
Dividend payers will generate a fairly reliable income stream, and one that will rise over time, as dividend-paying companies like to increase their payouts regularly, when possible. Here are three companies to consider if you're seeking stocks for your retirement portfolio.
Image source: Getty Images.
Source Fool.com
