When you're choosing the right stocks to help fund your retirement, you need stable, safe income producers -- companies that have steady, if not spectacular growth, with above-average dividend yields. But that doesn't mean you have to buy the same stocks your grandparents did.
Ideally, the stocks you pick are on the cusp of trends that are going to climb for years. Where's the growth? You can look for stocks in healthcare, pet care, and 5G technology, just to name a few sectors. Healthcare should be an obvious pick, as our population is aging and healthcare needs are expected to grow. The growth in spending on pets has been exponential and was further spurred during the pandemic. Lastly, 5G is the next big thing in technology, and the companies associated with it are sure to benefit.
That's why I recommend AbbVie (NYSE: ABBV) , PetMed Express (NASDAQ: PETS) and Crown Castle International (NYSE: CCI) . All three have attractive dividends and are expecting major growth.
For further details see:
3 Stocks to Bankroll Your Retirement