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10 Best Dividend Paying Stocks to Buy Now
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5 Best Dividend Paying Stocks to Buy Now
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4 Reasons to Invest in Dividend-Paying Stocks for Retirement
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3 Reasons to Invest in Dividend-Paying Stocks for Retirement Katie Brockman © Provided by The Motley Fool 3 Reasons to Invest in Dividend-Paying Stocks for Retirement
Today s workers face plenty of challenges when preparing for retirement. Costs are rising, and life expectancy is increasing, meaning you ll need to save more than ever. At the same time, though, many workers don t have access to pensions, and Social Security benefits are at risk of cuts in the relatively near future.
This means you ll need a hefty retirement fund heading into your senior years and dividend-paying stocks can help get you there. © Getty Images Older couple sitting on a boat and smiling
5 Reasons to Invest in Dividend-Paying Stocks for Retirement
December 23, 2020 5:20 AM newsfeedback@fool.com (Selena Maranjian)
Posted:
Updated:
December 24, 2020 9:10 AM
If you’re like many investors, you’re ignoring dividend-paying stocks, assuming they’re too stodgy for you. Perhaps you’re more attracted to high-flying growth stocks that could fly higher. If so, you’re doing yourself and your portfolio a disservice because dividend-paying stocks are powerful portfolio enhancers.
Here’s a look at five reasons you should consider adding some (or many) dividend-paying stocks to your portfolio.
Image source: Getty Images.
No. 1: Dividend yields top bank and bond rates
Let’s start with dividend yields: These days, and for many years now, many stocks’ dividends have easily exceeded interest rates offered by banks and lots of bonds and certificates of deposit (CDs), as well.