Dividend Stocks For Retirement Income

For those of us closing in on retirement one of the more important things on the to-do list should be preparation of the portfolio for income once you finally stop trudging to the office each day. You will probably need to supplement payouts from your pension, assuming you have one, and Social Security. With yields on bank accounts, CD's, and Treasury bonds and bills at historic lows; you may need more income than those investments can offer right now. In my mind the best way to attain income is dividend paying stocks.

I started adding more dividend payers to my portfolio several years ago and will continue to do so over the next few years. Most are aristocrats. Here is a sampling of some dividend paying stocks that you may want to look at: AT&T (NYSE: T), Johnson & Johnson (NYSE: JNJ), Coca-Cola (NYSE: KO) and ExxonMobil (NYSE: XOM).

Source: Motley Fool

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