3 Incredible Dividend Growth Stocks That Can Provide a Lifetime of Passive Income
Passive income is crucial for maintaining your lifestyle in retirement, especially given the uncertain future of Social Security benefits. The Office of Retirement and Disability Policy, part of the Social Security Administration, projects that by 2037, the program's trust fund reserves might be exhausted, potentially reducing scheduled benefits to 76% of their current levels. This looming challenge underscores the importance of building alternative income streams for retirees.
As a result, many investors turn to dividend stocks as a cornerstone of their retirement income strategy. However, not all dividend-paying companies offer the same potential for stable, growing income.
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Source Fool.com
