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Kiplinger's Personal Finance

Trusted financial advice and business forecasts for more than 75 years

Last Build Date: Fri, 20 Oct 2017 03:50:02 GMT


You Can't Hit Retirement Goals If You Don't Know What They Are

Thu, 19 Oct 2017 00:00:01 -0400

Blindly saving won't get you far. You need to target exactly where you're going, and how you're getting there, with a written plan.

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The Hidden Costs of Variable Annuities and How to Avoid Them

Thu, 19 Oct 2017 00:00:01 -0400

When people seeking guaranteed income turn to annuities, they are gaining security ... but they need to realize what it's costing them. Surrender charges, fees and earnings caps all come into play.

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General Electric (GE) Earnings Preview: Will GE Cut Its Dividend?

Thu, 19 Oct 2017 00:00:01 -0400

The threat of reduced cash payouts to shareholders is weighing on the company and its stock.

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State-by-State Guide to Taxes

Wed, 04 Oct 2017 00:00:01 -0400

Compare state tax rates and rules -- on income, ordinary purchases, gas, sin products, property, and more -- across the U.S.

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Best Investing Moves When You're Starting Out

Tue, 03 Oct 2017 00:00:01 -0400

It's tough to get started saving when you have debt hanging over you. But once you get access to a retirement plan, make sure to fund it.

Best Investing Moves at Every Age

Tue, 03 Oct 2017 00:00:01 -0400

Whether you're starting out, have already retired or are somewhere in between, we show you how to make your money grow and last.

Best Investing Moves for Young Families

Tue, 03 Oct 2017 00:00:01 -0400

Don't let family demands on your income stint your retirement savings.

Best Investing Moves for Empty Nesters

Tue, 03 Oct 2017 00:00:01 -0400

Is it suddenly quiet around the house? Knuckle down and get those retirement funds topped up.

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Best Investing Moves for Retirees

Tue, 03 Oct 2017 00:00:01 -0400

This what you've planned for. Now, to keep the income flowing.

Best Investing Moves for Pre-Retirees

Tue, 03 Oct 2017 00:00:01 -0400

You've accumulated money. Now, time to shuffle it around and get everything in order.

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7 Monthly Dividend Stocks for Income You Can Count On

Thu, 19 Oct 2017 00:00:01 -0400

Cash management can be one of the biggest challenges in retirement. Your bills - everything from your mobile phone service to your rent or house payment - come on a monthly cycle. When you work, and get paid every month or two weeks, that isn't a problem. But once you retire, it can get a lot more complicated.

Sure, your Social Security payment comes monthly. But your dividend stocks generally only pay out quarterly, and bond coupon payments are typically only twice per year. This can cause your cash flows to be lumpy, which can make planning difficult. And frankly, when you're retired, you do not want to plan cash flow with your free time. That's what your working years were for.

This is where monthly dividend stocks come in handy.

A monthly dividend calendar better aligns with your living expenses. But the benefits actually go beyond financial planning. If you're still working and reinvesting your dividends for growth, a monthly dividend will compound faster over time. It won't make much of a difference in a single year or two, but over an investing lifetime, it adds up. Playing with the numbers, $100,000 invested in a stock delivering a 7% yield compounded quarterly will grow to $801,918.34 over 30 years. That same $100,000 would grow to $811,649.75, if the compounding were switched to monthly.

Today we're going to look at seven monthly dividend stocks to reliably pay your bills in retirement. Not all pay jaw-dropping high yields - in fact, I tend to avoid exceptionally high-yielding dividend stocks, as those yields generally come with much greater risk. That high dividend won't do you a lot of good if it gets cut tomorrow. Instead, we're going to focus on stocks with attractive but sustainable yields.

SEE ALSO: 8 Best Buffett Stocks for Retirement

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7 Investments Every Retirement Investor Should Own

Thu, 19 Oct 2017 00:00:01 -0400

When you play baseball, some things are just essential pieces of equipment. You need a bat, a glove and perhaps, even the game's namesake hat. You really can't play the game without them. When it comes to retirement, some investments are also just essentials.

Some asset classes, exchange-traded funds (ETFs), mutual funds and even individual securities are standard issue and they belong in almost every retirement investor's portfolio. From dividends to inflation protection, these are the building blocks on which all great retirement portfolios are built. Without them, you might as well pack in the towel and go home.

But with countless options available, how do you separate the wheat from the chaff? Luckily, we here at InvestorPlace have you covered.

Here are seven investments every retirement investor should own.

Prices and data are from the original InvestorPlace story published on September 1, 2017. Click on ticker-symbol links in each slide for current prices and more.

SEE ALSO FROM KIPLINGER: Quiz: Test Your Investing IQ

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