SJM - 3 Top Dividend Stocks for a Better Retirement
Traditionally, retirees have relied on bond interest to provide income for their retirement. With even 30-year Treasuries recently yielding a mere 1.23%, that strategy doesn't work as well as well as it used to. Even in today's low-interest-rate environment, bonds should still pay a key role in your retirement portfolio. For income generation, however, you'll have to move farther up the risk curve to have a decent chance at delivering cash to your pocket.
Dividend stocks can provide that higher level of income, but it comes with a catch: Dividends are not guaranteed payments, and companies can cut their dividends if times get tough. So to find dividend stocks worthy of consideration to own, you need to look beyond just the yield and at why that dividend looks capable of being maintained. With that in mind, here are three top dividends stocks for your consideration for a better retirement.
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