3 Stocks to Help You Build Retirement Wealth
Investing in stocks should be part of every retirement plan; it's one of the best ways to build wealth for your golden years. If you're approaching retirement and short of your savings goals, you need to put your money to work so you can live a comfortable retired life. Stocks can help you reach those goals quickly, provided you're invested in companies that have proven themselves in the past and are poised for future growth. Here are three top stocks that could add significantly to your retirement wealth.
Utility stocks are almost always recommended for a retiree's portfolio, but the stock I've picked for you today isn't just any utility. It's a high-flying, high-dividend-paying stock with a business rooted deep in a trend that's shaking up the industry. That's NextEra Energy (NYSE: NEE) for you.
NextEra Energy is the world's largest producer of wind and solar energy and among the largest in battery storage -- enviable positions to hold in the high-potential renewable energy space. The company's traditional utility business is just as big: NextEra provides electricity to more than 5 million customers in Florida.
Source Fool.com
