"While many seniors have enjoyed a long bull market over the past 35 years, there is a point when income becomes more critical than stock appreciation. The reason is simple: those who leave their careers to enjoy a well-deserved retirement lose the benefits of a regular salary and the benefits of their jobs, such as 401(k) matching and company-paid healthcare."
"At 24/7 Wall St., we have closely followed dividend-paying stocks for over 15 years. With a growing audience of savvy Baby Boomer retirees seeking safe income ideas that deliver more than the 10-year Treasury bond's 3.99% bi-annual dividend, we have screened hundreds of stocks, looking for recurring, dependable dividend payouts and a degree of safety that allows for a good night's sleep. The five very best high-yield companies are the kind Baby Boomers and retirees can buy and own with confidence."
Many seniors have benefited from a long bull market, but income becomes more critical as retirement removes regular salary, 401(k) matching, and company-paid healthcare. Retirees often increase spending for travel and living expenses, which makes choosing income-generating investments essential. Dividend-paying stocks have been tracked for over 15 years to identify safe income ideas that can exceed the 10-year Treasury's 3.99% yield. Screening focuses on recurring, dependable dividend payouts and a degree of safety. Passive dividend income can help cover mortgages, insurance, taxes, and other expenses. Altria is highlighted with a 6.35% yield and major cigarette brands such as Marlboro.
Read at 24/7 Wall St.
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