2 REITs Perfect for Retirees
If your Social Security and pension benefits aren't providing enough retirement income, you might want to look into finding investments that can supply steady income without undue risk and that will help you keep pace with inflation.
Real estate investment trusts (REITs) can be a good choice here. These are companies that own and/or operate income-producing properties and are required to pay out at least 90% of their taxable income via dividends to shareholders. Their ability to raise the rent helps make them more inflation-resistant than many other investments. But not all REITs are created equal.
Here are two REITs whose past records and current strategies point to their ability to keeping growing their dividend and their share price.
Source Fool.com
