This especially holds true if you own Dividend Aristocrats, which are companies that have increased their dividend every year for at least 25 years in a row. If your dividend payments grow year over year, they can help offset rising living costs — something that Social Security has long failed to do.
A solid move for your retirement
Retirees are often advised to shift away from stocks and load up on bonds, since they’re typically a lot less volatile. But that doesn’t mean you shouldn’t hold any stocks in retirement. And if you’re going to keep a chunk of your assets in stocks, dividend stocks offer a lot of benefits that make them worth considering.
The $16,728 Social Security bonus most retirees completely overlook
If you’re like most Americans, you’re a few years (or more) behind on your retirement savings. But a handful of little-known “Social Security secrets” could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $16,728 more… each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we’re all after. Simply click here to discover how to learn more about these strategies.