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Stock impact report

Canadian Retirees: 2 High-Yield Dividend Stocks to Buy and Hold Forever [Yahoo! Finance Canada]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
No retiree wants to have to worry about being able to handle their monthly expenses during their golden years. Unfortunately, relying on a nest egg that you've built up over the years alone might not be enough to fund a comfortable retirement. Pensions like the Canada Pension Plan (CPP) and Old Age Security (OAS) are there only to cover a portion of your retirement income needs, and not all of them. It is on you to make sure you have more retirement income streams to cover the rest. To this end, building a portfolio of income-generating assets in a Tax-Free Savings Account ( TFSA ) can be an excellent strategy. Any income earned from interest, capital gains, or dividends can grow without incurring taxes. You can withdraw funds from the account with the kind of flexibility you cannot get with a retirement account like the Registered Retirement Savings Plan (RRSP). While it will take time, building a sizeable portfolio of monthly dividend stocks can turn your TFSA into a self-direc Show less Read more
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