Industry Articles
Industry Articles Home > Stretching your Retirement Dollar News
|
Stock market may benefit retirees 2010-04-30 When planning for retirement, individuals may focus solely on savings, assets, pension plans and Social Security for income, but there is another key component that may boost retirement income: the stock market. Retirees can invest in the stock market with as little as $1,000 or $2,000, according to the San Francisco Chronicle. Investment advisors and financial planners are available to retirees interested in investing, but who may not have a strong knowledge of the market. After the economic collapse, many investors may have backed away from the market, but investing in stocks can provide retirees with a steady flow of dividend payments throughout their retirement. Prospective investors may also benefit from investing in the stock market because stocks, on average, tend to rise slowly over time, reports the Chronicle. Retirees who make a small investment in a company may see their funds grow over time, all the while enjoying dividend payments. The stock market can be frightening for first-time investors, but investments can provide a steady level of income that savings alone may not sustain.  |
