One thing most of us need in retirement -- besides hobbies and senior-citizen discounts -- is income. Once you stop working and your paychecks stop arriving, you'll need some money coming in with which to pay bills and live a comfortable life. Retirement income is critical, and it's up to you to plan where it's going to come from. There are plenty of possibilities besides Social Security, such as retirement accounts, regular investment accounts, dividends, and annuities. Let's review these...
Dividends are also a great retirement income source, and they have the terrific habit of being increased over time, too, when they're coming from healthy, growing companies. Imagine, for example, that your $300,000 investment account is kicking out $6,000 in dividends to you this year. That's an overall yield of about 2% -- not bad! But if those payouts are upped by an overall annual average of 5% over a decade, they'll approach $9,800 in 10 years. Dividends don't officially offer inflation protection, but they do often grow at a faster rate than inflation, which can be very welcome in retirement.
Source: Motley Fool
Related Articles:
- Dividend Growth Stocks Are My Conviction
- All Investing Involves Risk
- 7 Dividend Stocks With Room To Increase Their Payout
- High-Quality, Low-Risk Dividend Stocks
- 10 Stocks Building Wealth Through Higher Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific pos...
-
As a new decade approaches, it's a good time to think about putting a few stocks in your portfolio that can stand the test of time, pote...
-
Dividend-paying stocks from generally low-risk, top notch companies are a brilliant way to create steady and solid income streams to supplan...
-
One of the Best Dividend Stocks of the Past Decade. If you ask most people to name the best dividend stocks, they’ll rattle off a similar li...
-
Dividends are profit sharing payments sent out to stockholders. Companies have a variety of reasons for paying them, ranging from simply swe...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.