If you're retired, you've likely shifted from building your nest egg to trying to live off of your savings. That means you'll want to look at stocks that are relatively safe and pay a generous dividend. If you're looking for safety and income, here are two stocks just right for your retirement...
Investors have punished the stocks of giant U.S. utility Southern Company (NYSE:SO) and packaged-food specialist General Mills (NYSE:GIS) for what are likely to be near-term problems, leading to big dividend yields. Although each has some issues to deal with, the real risks are less than they appear for investors willing to think long term. Both should interest retired investors today.
Source: Motley Fool
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