Sixty-four percent of full-time employees in the United States have less than $10,000 in savings for retirement. Nearly 40% of people aged 55 and up had no savings at all. In recent years, technology-related growth stocks have made huge progress in this area. For more than a decade, Cisco Systems, Inc. has paid a dividend. Duke Energy Corporation has a long history of paying out dividends, dating back over a century. The company is one of the largest generators of electrical power in the United States. To stay up with the times, Duke Energy Corporation has increased its sustainable energy expenditures. People who are thinking about retiring early should meet with financial consultants, assess their risk tolerance, identify sources of income, and develop goals for their post-retirement years.
Insider Monkey highlights the list of the 10 best stocks to buy for early retirement. MAIN (Main Street Capital Corporation) is a Texas-based investment firm that was established in 2007. On the ranking of the 10 greatest stocks to buy for early retirement, it ranks tenth. Over the last year, Main Street stock has returned more than 35% to investors. Healthcare Trust of America, Inc. is a trust established in Arizona that owns a number of medical facility buildings. Over the last year, healthcare stocks have returned more than 4% to investors. Verizon Communications Inc. is a worldwide telecommunications company headquartered in New York. It was formed in 1983. With a market valuation of nearly $230 billion, the company is one of the world’s largest communications companies. On the ranking of the top ten stocks to buy for early retirement, it ranks eighth. MSC Industrial Direct Co. is a New York-based industrial equipment distributor. In the past year, MSC stock has provided investors with returns of more than 44 percent. In addition to the United States, the corporation has operations in Canada, Mexico, and the United Kingdom. Realty Income Corporation is a real estate investment trust based in California that was created in 1969. On the ranking of the top ten stocks to buy for early retirement, it ranks sixth. Over the last year, real estate stocks have provided investors with gains of more than 27%. For more details, click 10 Best Stocks to Buy For Early Retirement.