Written by Brent Soucie, Consultant, CPA, CA
September 2, 2014
In most circumstances, investors are encouraged to hold some fraction of their investment savings in stocks (equities), even throughout retirement years. With that in mind, common sense dictates that investors who are retired typically begin withdrawing from their investment accounts, whether it be to fund their lifestyles, or enjoy some hard earned recreation time.
This often begs the question – once an investor reaches retirement, should that investor shift some of his/her stock and equity investments from non-dividend paying sources into dividend paying sources? Presumably, a stream of dividends could provide a convenient method for withdrawing the funds needed to fund retirement expenses and/or hobbies.Read more »