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3 Dividend REITs Perfect for Retirees

TheMotleyFool

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So, new retiree, you've worked your whole adult life and are now ready to turn some of that activity into passivity, including your income. The problem is, Social Security can only go so far, and you don't want to risk too much to juice up the minimal rewards offered by ultraconservative vehicles like savings accounts and CDs.

Real estate investment trusts (REITs) can be a great solution here, and there are many boasting long records of consistent, growing paybacks. But not many are as appealing to the retirement mindset as Realty Income (NYSE: O), Federal Realty Investment Trust (NYSE: FRT), and Annaly Capital Management (NYSE: NLY). Here's why.

Image source: Getty Images.

Source Fool.com

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