Inflation is taking a chunk out of retirees' income this year. Although investing in the stock market can be a solution, it hasn't exactly been a safe option of late, with many stocks falling hard over the past several months. But that doesn't mean retirees or risk-averse investors are out of luck. There are some solid investments you can consider today that won't put your hard-earned savings in danger.
Three stocks that are safe investments and can provide some valuable, recurring dividend income include Patterson Companies (NASDAQ: PDCO) , Village Super Market (NASDAQ: VLGEA) , and Campbell Soup (NYSE: CPB) .
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3 High-Yielding Dividend Stocks Ideal for Retirees