If there's anything the stock market reminded retirees of this year, it's that chasing performance is tricky and stressful. That is to say, if what happens over the course of a few months takes a concerning toll on your retirement portfolio's value or your mental health, you may not be positioned quite right. You could probably do with a little less exposure to the hot stocks du jour, and a little more exposure to income-producing picks that will pay you a dividend regardless of what's going on around you.
To that end, current and future retirees looking for a little less excitement and a little more reliable income may want to consider stakes in Walmart (NYSE: WMT) , Public Storage (NYSE: PSA) , or Duke Energy (NYSE: DUK) . Here's why.
Image source: Getty Images.
For further details see:
3 Dividend Stocks That Are Perfect for Retirement