When planning for retirement, many investors stock their
portfolio with companies that offer a growing and generous dividend yield, but
whose growth prospects fall somewhere between slim and none at all. People are
living longer, increasing the threat that investors will outlast their
retirement savings.
In recent years, in fact, life expectancy has made a sizable
leap forward, increasing by 5.5 years between 2000 and 2016, the fastest
increase since the 1960s, according to the World Health Organization (WHO).
As a result, what was once a perfectly acceptable investing
approach may no longer be enough to fund your golden years. To offset the
prospects of living longer and potentially running out of money, it's not a bad
idea to layer an element of growth into your portfolio, helping to ensure that
your nest egg will last as long as you do.
With that in mind, investors would do well to consider
adding these three stocks to help bankroll their retirement.
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