When you're retired, your investing goals change. Growth is still good, but it isn't nearly as important as steady and reliable income. But what stocks should you choose to provide that steady and reliable income?
There are plenty of alternatives to consider. I like AT&T (NYSE: T), Intel (NASDAQ: INTC), and Pfizer (NYSE: PFE) for several reasons. Here's why they are top stocks for retirees to buy and hold.
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Source: Fool.com