Just because you've retired doesn't mean you want to spend all your new-found free time fretting over risky stocks. You'll want to limit your focus to companies that are already generating steadily growing profits that they can return to you.
Adults over 65 years old are the fastest growing age group in developed nations across the globe, and they'll be spending their hard-earned retirement incomes on products from AbbVie (NYSE: ABBV), and Pfizer (NYSE: PFE). Read on to see how this demographic trend makes these great stocks for retirement portfolios.
These two stocks can help retirees enjoy their new-found free time. Image source: Getty Images.
Source: Fool.com