From MarketWatch:
if you’re at or near retirement and focusing on income, you need to think about where stocks are going to be in a decade or two instead of a month or two. That’s because hiding out in cash doesn’t give you much to live on, while long-term bond funds may expose you to considerable interest-rate risks.
The answer for many investors, then, is to rely on stable dividend payers that have strong operations that enable them to weather anything the market throws their way and sustain their dividends even during a downturn.
Here are five such “forever stocks” I think investors should consider.