Saturday, February 25, 2012

Will You Have A Growing Income In Retirement

During this economic downturn, my employer decided to forgo annual raises for all salaried employees for one year. After enjoying a raise for every year of my working life, I certainty missed not getting one. It made me stop and think, when I retire inflation will not stop and my expenses will continue to increase. Just to maintain my current standard of living, I will still need to see my annual income grow each year. It is not in my plans to continue working after retirement, so if I want to enjoy a rising income in my golden years, I had better start planning for it now.

I plan to rely on Dividend Growth Stocks to ensure my income continues to grow when I am no longer working. For this to work, I will need to build a solid dividend growth portfolio now, during my prime working years. A focus on Dividend Growth Stocks is a strategy that fits my personality well. I love to watch my annualized dividend income grow steadily each month, while not worrying about the day to day movements in my portfolio or the market.

Fortunately, I enjoy tracking hundreds of dividends stocks. If you don't have the time or desire to do this, consider a service that is aligned with your goals such as D4L-Premium Services.

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