More and more Americans are looking for reliable, long-term stocks to bolster their retirement portfolios. While Americans continue to look for ways to retire younger, it is becoming harder to save for retirement. The effects of inflation and rising housing costs and future medical expenses have made it harder to retire. One way to counteract the rising issue is to bolster future income through income-producing stocks that investors can set and forget.
There are certain stocks that will effectively pay investors forever through a combination of dividends, growth, and compounding through reinvestment. Investing in these assets can help to relieve the retirement crisis that many economists continue to warn about.
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