2024-06-26 07:00:00 ET
Summary
- Workers are becoming less likely to work past the age of 62.
- Stock market gains and high interest rates are allowing people close to retirement to live off dividends or low-risk investments.
- EGP and SUI are two REITs that offer consistent dividend growth, decent income, and business models with growth tailwinds, making them good investment options.
This article was co-produced with Leo Nelissen.
“Workers have no interest in working into their 60s or 70s.”
I just read this line in a Wall Street Journal article titled “Pro Take: The Covid Retirement Wave Could Be With Us for Good.”
According to the article, in March, a New York Fed survey indicated that just 45.8% of respondents under the age of 62 said they are likely to work past the age of 62. That number is down from 55.4% in March 2020....
Read the full article on Seeking Alpha
For further details see:
Who Likes Work? These REITs Could Help You Retire (Early)