2 Dividend Stocks to Supplement Your Social Security
There are many different building blocks in a good retirement plan. Many workers have either an employer-sponsored plan like a 401(k), or an individual retirement account (IRA). Then there's Social Security, which most eligible recipients begin to access between the ages of 62 and 70.
But a good retirement plan often needs more than these starting points. It's also smart to have other investments, in savings vehicles like mutual funds, ETFs, and stocks, as additional building blocks to ensure you have the financial resources you need.
When it comes to this investment portfolio, it's a good idea to ensure some diversification and include stocks that produce quarterly dividends to generate regular income, in addition to long-term capital gains. Two of the best income-producing stocks for retirees are Goldman Sachs (NYSE: GS) and PNC Financial (NYSE: PNC). Both will put real money in your pocket every quarter to supplement your retirement income from Social Security and other sources. Let's find out a bit more about these two stocks.
Source Fool.com