3 Dividend Stocks That Are Perfect for Retirement
Investors can afford to buy riskier growth stocks when they're younger and have a long runway to ride out the early volatility, but retirees should generally stick with conservative stocks that pay stable dividends. When considering optiona along these lines, it's a good idea to start with the Dividend Aristocrats of the S&P 500, the elite members of the index that have hiked their dividends annually for at least 25 years.
Most of these companies have wide moats, robust cash flows, and dividend yields that exceed the S&P 500's average of 1.8%. Let's take a look at three stocks that pass those tests and belong in your retirement portfolio: AT&T (NYSE: T), Coca-Cola (NYSE: KO), and Target (NYSE: TGT).
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Source Fool.com