T - 2 Fat Dividends I Am Buying Now

2024-04-04 07:35:00 ET

Summary

• Inflation has reduced the purchasing power of even a six-figure income, making it harder to maintain a comfortable retirement.
• Retirement must be paid for; will it be with your life savings, or the income they produce?
• We look at two lifelong income providers for your retirement portfolio.

Co-authored by Treading Softly.

Recent statistics reveal that a shocking number of people earning six figures a year are still living paycheck to paycheck. Part of this can be attributed to poor financial management. Many people making six figures are carrying six-figure-sized student loans, weighing down on their personal finances decades after they've graduated. Additionally, some people may have sizeable credit card debts or other high-interest debts, either in addition to their student loans or in place of them. Above all those burdens, the effects of inflation have made that six-figure income a lot less powerful when they approach the economy....

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