8 Great Stocks to Own for Retirement

Many Americans in their fifties and sixties can expect to live well into their eighties.

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Many Americans in their fifties and sixties can expect to live well into their eighties. If you happen to be one of them, it’s a good idea to find stocks that can form the bedrock of your portfolio. Large companies with steady revenues, profits and favorable growth prospects are good candidates. Although their stocks may not sizzle, they tend to generate solid gains over time, without all the drama of the market’s highfliers.

We found eight stocks that should be right at home in a baby boomer’s portfolio, creating a sturdy foundation of growth for years to come.

Stocks are listed in alphabetical order; share prices and related data are as of July 23; price-earnings ratios are based on estimated earnings for the next four quarters. Earnings growth figures are based on analysts’ estimates and come from Thomson Reuters.

Daren Fonda
Senior Associate Editor, Kiplinger's Personal Finance
Daren joined Kiplinger in July 2015 after spending more than 20 years in New York City as a business and financial writer. He spent seven years at Time magazine and joined SmartMoney in 2007, where he wrote about investing and contributed car reviews to the magazine. Daren also worked as a writer in the fund industry for Janus Capital and Fidelity Investments and has been licensed as a Series 7 securities representative.