If You're Retired, Consider Buying These 7 Stocks
Americans are living longer and healthier lives. If you're a 62-year-old male, there's a 50% chance you'll live to see the year 2040. For women, add three years to that number, and for couples, there a one-in-four chance of one person living to be 95. These, of course, are averages and life expectancy numbers could improve with healthier and more social lifestyles. Given that many retirees still have several decades of retirement ahead, relying solely on stocks with high dividend yields may not be the best approach for everyone.
Stocks that can provide a stable dividend and a solid component of growth could be a great option for a portion of your retirement portfolio. Let's take a look at seven companies that meet these criteria across three different industries -- retail, financials, and technology.
Three brick-and-mortar retailers that have not only been weathering the coronavirus pandemic, but have survived the advances of e-commerce giant Amazon for years, are Home Depot (NYSE: HD), Tractor Supply Company (NASDAQ: TSCO), and Target (NYSE: TGT). These stellar operators have been building robust online shopping experiences for customers along with creating an "omnichannel" experience that takes advantage of their brick-and-mortar infrastructure.
Source Fool.com
