Today we spoke to Jeffrey D. Saut, Managing Director at Raymond James & Associates. People who’ve been responsibly saving for their retirement are faced with a terrible dilemma. The yields on money market accounts, bank cd’s and debt instruments are in the gutter. However, there are options. Finding high quality dividend paying stocks can be a life saver. Some of these securities pay over 8 percent per year. You have to be careful and not allow yourself to be unduly swayed just because there’s a big yield. However, it’s a great place to start that can pay high dividends in your golden years.
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