SBUX - 3 Stocks to Help You Build Retirement Wealth
If you're five years or more from retirement, you might find yourself at a crossroads. While those in retirement should probably opt for lower-risk dividend-paying stocks such as utilities and consumer staples, those earlier in life can take some swings at the finest growth stocks around, without concern for near-term payouts. But if you're approaching retirement in the next five to 20 years, which side should you prefer?
Why not both?
Investors of all kinds can benefit from dividend growth stocks. These stocks might not have the highest payout today, but they're still growing, meaning that both their share prices and their dividends are likely to increase over the long-term. In fact, with the average life expectancy rising to almost 79 years old as of 2018, even those just entering retirement could benefit from adding dividend growth companies to their portfolios today.