3 Stocks for Retirees in the 21st Century
Though retiring from a career is a common goal for most Americans, we never quite retire from the investment landscape. After all, longevity data from the Centers for Disease Control and Prevention shows that life expectancies have risen by nine years since 1960. Since we're living longer, it means retirees need their nest eggs to last longer than ever.
The easiest way for retirees to build wealth is to buy stocks that have lasting power throughout the 21st century. But what stocks should retirees consider? That's a question we posed to three of our Foolish investors who selected payment-processing giant Visa (NYSE: V), e-tailing behemoth Amazon.com (NASDAQ: AMZN), and electric utility NextEra Energy (NYSE: NEE).
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Source: Fool.com
Amazon.com Inc. Stock
The stock is one of the favorites of our community with 155 Buy predictions and 1 Sell predictions.
As a result the target price of 191 € shows a slightly positive potential of 12.41% compared to the current price of 169.92 € for Amazon.com Inc..