Creating income from a nest egg is a question that many baby boomers are spending countless nights figuring out. Many are relying on financial planners who are selling them annuities or some variation of the popular four percent rule.
For my retirement strategy I am relying on dividend growth stocks, which will provide dependable income, which increases over time and protects its purchasing power from inflation. I have a quantitative and qualitative process, which allows me to screen the hundreds of dividend growth stocks and narrow the list of candidates to 30 -40 individual companies.
Dividend growth investing is not some recent fad, as many market commentators would make you believe. Some of the richest families in the US, which have kept their wealth for several generations, seem to be living off dividends. If I were to start a dividend portfolio today, I would include the following stocks listed below.