Want $1,000 in Annual Dividend Income? Invest $13,200 in These Ultra-High-Yield Dividend Stocks.

If you're nervous about retiring without enough passive you have more than a few options. Buying rental properties is a popular one, but those properties could lose money if you hire a property manager that doesn't maintain them or keep them occupied with paying tenants.

Investors looking to build a truly passive income stream are probably better off buying dividend-paying stocks. If you pick businesses that can continue growing their bottom line, you could receive a passive income stream that keeps rising without any extra effort from you.

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Source Fool.com