Looking for Early Retirement? These Stocks Could Help You Get There
Passive income is what you'll want if you're shifting into retirement before you're ready to collect Social Security checks. Basically, by collecting dividends, you'll be living off of your nest egg instead of spending it down.
The problem today is that the S&P 500 Index's yield is approximately a tiny 1.4%. You can do much better than that with these two real estate investment trusts (REITs), both of which provide necessities that people use every single day.
Brixmor's (NYSE: BRX) dividend yield is a generous 4.8%. The REIT owns a collection of 380 strip malls. These aren't exciting properties, but they're the types of vital retail assets that people visit on a regular basis, with 70% counting grocery stores as an anchor tenant. Around such retailers, which are a consistent traffic generator, are smaller retailers, like nail salons and restaurants. These properties are vital cogs in the areas where they operate.
Source Fool.com
