BXSL - Retire With These 9-10% Dividend Yields In March 2024
2024-03-12 07:15:00 ET
Summary
- High-yielding stocks can dramatically improve your retirement.
- Living off of passive income makes budgeting easier, reduces the sequence of returns risk, accelerates the retirement timeline, and enhances peace of mind.
- We share three 9-10% dividend yields that are very unlikely to be cut and have strong growth momentum right now.
Retiring on dividends from quality high-yielding stocks is a great way to meet financial needs during the golden years because:
- It provides a clearer picture of how well your portfolio is prepared to sustain your lifestyle during retirement
- It reduces the sequence of returns risk given that dividend payouts tend to be much less volatile than stock prices
- It can enable you to retire sooner than you would under the 4% Rule.
- It can give you peace of mind during market crashes since your retirement income stream is not dependent on where stocks trade at any given time