3 Reasons to Invest in Dividend-Paying Stocks for Retirement

Here's something you probably didn't know: The average monthly Social Security retirement benefit was recently just $1,547, or about $18,500 per year. Yes, if you earned an above-average income during your working life, you'll likely collect more than that -- but it still is probably not going to be enough to cover your expenses in retirement.

Enter dividend-paying stocks, which can supplement your Social Security checks. Here are three good reasons to consider adding some (or many) to your portfolio.

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Source Fool.com