2 Cheap Dividend Growers To Buy For Retirement

If you’re one of the many investors counting on a 7% average yearly return from your portfolio—or better—you’re putting your retirement at risk. You’ve probably heard this 7% figure before. It’s gospel for many financial planners, and even Warren Buffett brings it up from time to time. It’s the S&P 500’s average annual return, adjusted for inflation, between 1928 and 2014. With a time frame like that, it seems like a safe bet, right? Wrong. Because over the next several decades, we’re way more likely see average yearly returns of 4% to 6%—and probably toward the lower end of that range. I’m not the only one who thinks so. Consulting firm McKinsey & Co. just released an alarming study saying exactly the same thing. And... Read more