If you want to retire comfortably, you'll need close to $1.3 million by the time you're ready to stop working. That's the magic number Americans estimate they'll need, according to a survey from Northwestern Mutual earlier this year. It can seem like a staggering amount of money.

But even if you don't reach that total, by maximizing your returns and growing your portfolio as much as you can, you'll set yourself up for a better retirement.

One dividend stock that can help grow your portfolio's value and generate massive dividend income for you over the years is McDonald's (NYSE: MCD). Here's why this can be an ideal stock for buy-and-hold investors to hang onto for the long haul.

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Source Fool.com