Earn $1,000 in Monthly Retirement Dividends With 5 Easy Steps

For most of us, Social Security payments just aren't going to cut it in retirement. The average monthly check from the government agency is right around $1,500, which is a decent start, but it won't likely cover all of your expenses. With company-sponsored pensions going the way of the dodo, though, retirees can't count on them either. If you're hoping for worry-free retirement income, you'll have to make much of that happen yourself.

The good news: It doesn't take a fortune to generate recurring investment income of $1000 per month, or more. It just takes some effort and planning now -- the sooner, the better. Here are five things to consider.

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Source Fool.com