Dividend income is a necessary cash flow for retirees. Many baby boomers are entering the retirement years, and need a high-quality source of income. A traditional source of income, Treasury bonds, does not pay a sufficient interest rate to support monthly living expenses. Inflation is rising at a faster rate than Social Security income. In this article I will provide 7 stock ideas which provide reliable dividends.
Many roads lead to a successful retirement income. Investors need to take it upon themselves and identify their income needs and their risk tolerance. Just like a snowflake, retirees all have different personalities and dividend income needs. Choose wisely and become engaged in the decision process. You have the ultimate responsibility of developing adequate income for your golden years.
Source: Seeking Alpha
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