3 Reasons Why This Is a Retiree's Dream Stock
A recent survey by Allianz Life Insurance of North America said that 68% of Americans have retired earlier than they expected, up from 50% a year ago. The primary reasons were unexpected job loss and healthcare-related issues, both of which were consequences of the pandemic.
An early, unexpected retirement is all the more reason to reexamine your investment portfolio to make sure it is still serving your needs. One stock that you may want to include in your retirement basket is BlackRock (NYSE: BLK). Here are three reasons why the largest asset manager in the U.S. is a retiree's dream stock.
Image source: Getty Images.
Source Fool.com