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Stock impact report

3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income [Yahoo! Finance]

Colony Bankcorp, Inc. (CBAN) 
US:NASDAQ Investor Relations: investors.colonybank.com
Company Research Source: Yahoo! Finance
And retirees have good reason to be worried about making their assets last. People are living longer, so that money has to cover a longer period. Making matters worse, income generated using tried-and-true retirement planning approaches may not cover expenses these days. That means seniors must dip into principal to meet living expenses. In today's economic environment, traditional income investments are not working. For example, 10-year Treasury bonds in the late 1990s offered a yield of around 6.50%, which translated to an income source you could count on. However, today's yield is much lower and probably not a viable return option to fund typical retirements. While this yield reduction may not seem drastic, it adds up: for a $1 million investment in 10-year Treasuries, the rate drop means a difference in yield of more than $1 million. In addition to the considerable drop in bond yields, today's retirees are nervous about their future Social Security benefits. Because of ce Show less Read more
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