Baby boomers preparing for retirement have various factors to consider for building a sustainable income portfolio. They should focus on maximizing passive income, particularly through dividends, to complement their social security benefits without depleting their equity. With relatively high interest rates, options like fixed income securities and dividend stocks offer attractive yields above 5%, a significant improvement from previous decades. Dividend-paying stocks have outperformed bonds recently, showcasing their potential for capital appreciation and ongoing dividend growth, making them compelling choices for retirees looking to secure their financial future.
Maximizing passive income in retirement is essential for baby boomers, allowing them to live off dividends and not having to sell equity during retirement.
With interest rates high, many options are available for baby boomers to create passive income streams, including fixed income securities and dividend-paying stocks.
Collection
[
|
...
]