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Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks | The Mesh Report

Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks

Dividend Sensei November 8, 2019 Comments Off on Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks

Strange but true: seniors fear death less than running out of money in retirement.

Also, retirees who have constructed a nest egg have valid justifications to be concerned, since the traditional ways to plan for retirement may mean income can no longer cover expenses. Some retirees are now tapping their principal to make a decent living, pressed for time between decreasing investment balances and longer life expectancies.

Retirement investing approaches of the past don’t work today.

For many years, bonds or other fixed-income assets could produce the yield needed to provide solid income for retirement needs. However, these yields have dwindled over time: 10-year Treasury bond rates in the late 1990s were around 6.50%, but today, that rate is a thing of the past, with a slim likelihood of rates making a comeback in the foreseeable future.

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Photo: “Retirement Account” by GotCredit is licensed under CC BY



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