Retire on 10% Yields? How Utilities and Healthcare Funds Can Generate Abundant Dividend Income
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You can retire on dividends through carefully selected high yield stocks like Southern California Edison preferred shares and the Aberdeen Healthcare Opportunities Fund. These offer yields up to 10%.
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Many people dismiss the idea of retiring on dividends, thinking yields have to be 3% or less to be safe. However, through different market cycles the author's Income Method has produced high dividend income.
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Utility company Southern California Edison has a strong 20 year history of raising dividends. Its preferred shares offer yields up to 6.2%.
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The Aberdeen Healthcare Opportunities Fund invests across healthcare sectors, providing a 10.8% yield. Healthcare faces inflation struggles but long-term growth prospects remain.
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Essential service companies like utilities and pharmaceuticals make reliable retirement income sources. The author's High Dividend Opportunities service offers a model portfolio and community to achieve abundant retirement income.