“It’s never too late to retire early”
These four dividend stocks could help supplement your Social Security
If dividend stocks are paying your bills in retirement, you don’t need high yield as much as you need income stability and growth. Stability is essential for obvious reasons. It’s not like you can skip a mortgage payment because one of your positions scrapped its dividend for the quarter.
However, dividend growth is nearly as critical. Your retirement might last 30 years or more, and your income over those decades has to keep pace with inflation. If it doesn’t, you’ll start feeling the squeeze in your budget after just a year or two. For retirement income, stability and growth take priority over yield.
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It’s never too late to start saving,
Gordon Fox
P.S.
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