Want $1,000 in Annual Dividend Income? Invest in These Stocks

Typically, individuals looking to retire will only be partially supplemented by their Social Security income. Building up your passive income is important to a successful retirement because it can bridge the gap between your Social Security income and expenses.

My favorite source of passive income is dividend income. That's because, when done right, investors can see their income grow each year to keep up with inflation. Investing $10,500 in each of these real estate investment trusts (REITs) could help you haul in $1,000 in annual dividend income right off the bat.

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Source Fool.com