If You're Retired, Consider Buying These 2 Stocks

Income is often the name of the game for retirees, which makes dividend-paying stocks a lot more attractive. But there's a huge risk here if you focus too much on high yields and not enough on dividend growth. There's a middle-of-the-road approach, and these two dividend stocks can help you traverse it, and your retirement years, in style.

Real estate investment trust (REIT) Realty Income (NYSE: O) is the first choice here. With a dividend yield of roughly 4.2%, it is offering more than twice the income you'd get from an S&P 500 index fund today. Moreover, if you are a fan of the 4% rule, this stock's distribution would allow you to avoid touching your principal. But there's much more to like about the dividend.

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Source Fool.com