When it comes to retirement, the last thing you’ll want to do is work longer than you planned. After putting in your time and socking away 10%-15% of your earnings in a retirement plan, as experts recommend, you may not feel 100% confident that you are ready.
Dividend stocks offer some assurances in retirement, especially by generating passive income. Instead of having to work 9-5 to get paid, your monthly dividend payers will take the wheel for you, delivering monthly cash payments in exchange for your investment. While stock prices might rise and fall, dependable dividend stocks are designed to provide steady income, so you shouldn’t have to lose sleep over your finances.
This post appeared first on 24/7 Wall St.