RCII - 3 Solid Growth Stocks Perfect for Retirees
Retired investors may recoil at the mere mention of the word "inflation," because it means the money they've accumulated in their portfolios will buy less and less of the services and items they need. That's one reason why it's important to have some exposure to growth stocks in your portfolio -- they can help counter inflation's erosive impact on the value of your nest egg.
To that end, we asked three savvy Motley Fool contributors to recommend growth stocks that they think would be smart additions to any retirement portfolio. Here's why they view Abbott Laboratories (NYSE: ABT) , Facebook (NASDAQ: FB) , and Rent-A-Center (NASDAQ: RCII) as great choices to consider buying now.
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3 Solid Growth Stocks Perfect for Retirees