How Long Could $500K Last? Forever, with These Stocks.

Relax. You might already have enough money to retire on. My favorite dividend stocks let people retire comfortably on $500,000 or so. Got more cash? Great! You’re in elite company. Fidelity Investments—apparently happy to share its customer’s financial info anonymously—says it has more than 750,000 seven-figure 401(k) and IRA accounts. That sounds like a lot, but it means less than 1% of Americans have $1 million or more saved for retirement. And that’s OK—select dividend stocks can help us retire comfortably on $500,000 or so. Sure, a chunk of money is great. Especially when we can leave it untouched and let it grow.… Read more