3 Stocks to Supplement Your Social Security Income
Most American retirees depend on Social Security for at least half their retirement income. While it has been a reliable source of income for generations, Social Security's future looks a lot shakier. Even if you believe Social Security will be patched before it collapses, at its healthiest, the program replaces only around 40% of a typical retiree's income.
As a result, you'll want some way of supplementing your Social Security income. These three stocks all pay dividends, have increased their dividends in the past, and look capable of potentially continuing to increase their dividends in the future. That combination makes them great stocks to consider owning as a supplement to whatever Social Security income you may expect to receive.
Image source: Getty Images
Source: Fool.com
Johnson & Johnson Stock
With 39 Buy predictions and 1 Sell predictions Johnson & Johnson is one of the favorites of our community.
As a result the target price of 194 € shows a positive potential of 31.24% compared to the current price of 147.82 € for Johnson & Johnson.
