4 Reasons to Invest in Dividend-Paying Stocks for Retirement
As you approach your intended retirement date, there's one looming question for you to answer: How the heck can I stretch my savings to last for the rest of my days? It's a common worry among Americans, both before and during retirement. A study by the American Institute of CPAs found that 30% of CPAs cited running out of money as the primary financial concern for their clients.
With a limited supply of savings, your financial needs in retirement are twofold. You want to participate in market growth, but you don't want to expose yourself to loss either. That means you need an investment strategy more aggressive than cash and low-yield bonds, but less aggressive than volatile growth stocks. The good news is, you can find that middle ground, and dividend-paying stocks may be right in the center of it. Here are four reasons why investing in dividend-paying stocks is a solid strategy for retirees.
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Source Fool.com
