Nearing Retirement? These Stocks Will Pay You For Life
You'll no doubt feel a flood of emotions as your working days come to a close. These likely range from glee to trepidation. After all, you will no longer have a regular salary.
If you're eligible, Social Security payments can help. But the average monthly payment is less than $1,700, making it likely that you will also need to rely on your investments to fully enjoy your retirement years. And as recent events have shown, high inflation can creep up on you as well. That makes it important to invest in stocks that pay higher dividends to help offset increasing cost-of-living expenses.
Fortunately, these two stocks have proven their mettle, with one being a Dividend King and the other on pace to become one in a couple of years. This is an elite group of companies that have raised dividends for at least 50 years.
Source Fool.com
