4 Dividend Stocks to Supplement Your Social Security
Social Security on its own funds a pretty meager retirement lifestyle. But Social Security plus dividend income? That's a winning combo -- especially if you invest in dividend stocks that have a long track record of consistently making and increasing their payments to shareholders.
If dividend stocks are paying your bills in retirement, you don't need high yield as much as you need income stability and growth. The stability is important, for obvious reasons. It's not like you can skip a mortgage payment because one of your positions scrapped its dividend for the quarter.
But dividend growth is nearly as critical. Your retirement might last 30 years or more, and your income over those decades has to keep pace with inflation. If it doesn't, you'll start feeling the squeeze in your budget after just a year or two.
Source Fool.com