7 Retirement Stocks to Buy in July

 

If you're looking for retirement stocks, here are seven stocks to buy in Q3

 

 


Retirement stocks are at the center of attention for millions of investors. Rising global tensions, declining markets and the expected recession have investors looking more closely at their longer-term saving plans, be it 401(k)s or IRAs.

 

According to Alicia Munnell, director of the Center for Retirement Research at Boston College, the current selloff has erased around $3 trillion from retirement accounts stateside. This year’s declines on Wall Street remind us the importance of choosing robust stocks for retirement accounts.

 

Many widely-followed retirement stocks pay stable dividends. According to Barron’s, “well-chosen dividend stocks can help mitigate the effects of market downturns or add juice to rallies, delivering quarterly income that cuts losses and amplifies gains. They can also be a hedge against inflation.”

 

Current bear market conditions present the perfect opportunity to invest in retirement stocks while they’re trading at bargain valuations. If history is any guide, the market will inevitably rebound in future months.

 

 

With that information, here are seven retirement stocks to buy in July:

 

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