3 Stocks to Supplement Your Social Security Income
Most American retirees depend on Social Security for at least half their retirement income. While it has been a reliable source of income for generations, Social Security's future looks a lot shakier. Even if you believe Social Security will be patched before it collapses, at its healthiest, the program replaces only around 40% of a typical retiree's income.
As a result, you'll want some way of supplementing your Social Security income. These three stocks all pay dividends, have increased their dividends in the past, and look capable of potentially continuing to increase their dividends in the future. That combination makes them great stocks to consider owning as a supplement to whatever Social Security income you may expect to receive.
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Source: Fool.com
Johnson & Johnson Stock
The stock is an absolute favorite of our community with 57 Buy predictions and no Sell predictions.
With a current price of 226.7 € Johnson & Johnson is right around the predicted target price of 228 €.
