Here's a list of three stocks that our contributors love for retirees.
Studies show that Americans are living longer than ever.
That's great news, but it also means that investors in their golden years will
need to rely on their nest eggs to sustain them financially for a longer time
period. For that reason, we Fools believe that these investors should keep at
least a portion of their net worth in the stock market. Doing so will give them
a better chance at producing higher returns, and is more likely to help them
keep ahead of inflation.
Of course, that doesn't mean that these investors should go
crazy and invest in high-risk growth stocks. Instead, their best bet is to
invest in companies with strong competitive advantages that operate in markets
with good growth prospects.
To help investors find appropriate stocks, we asked a team
of Motley Fool contributors to share a stock that they think is a good fit for
any retiree.
Continue to read to find out which companies they selected…
Source: The Motley Fool