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In retirement, investors must figure out how to generate enough income without a job while also ensuring that they don't outlive their income stream. The best retirement stocks to buy in 2020 (or any other year), then, assuredly must be dividend-paying ones.
Receiving regular dividends reduces an investor's dependence on the market's fickle price swings to make ends meet. Whether or not the market rises or falls in 2020, a portfolio of quality businesses can continue delivering predictable, growing dividend income.
Compared to many fixed-income investments, dividend stocks also can generate higher current income in today's low-interest-rate environment, growing their payouts each year to help preserve one's purchasing power. Dividend stocks, like other equities, provide meaningful long-term price appreciation potential as well.
Research firm Simply Safe Dividends published an in-depth guide about living on dividends in retirement here. However, a key component to this strategy is finding the best retirement stocks that can deliver safe dividends and grow in value over time.
On that note, these are the 20 best retirement stocks to buy in 2020. The 20 stocks on this list appear to have safe dividends, yield between 3.5% and 6.9%, and have solid potential to continue growing their payouts in the long term.
SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement
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 U.S. stocks closed higher for a second consecutive session Thursday as U.S. and Chinese officials continued to express optimism that a limited trade deal can be reached that would ratchet back tensions, though news reports suggest that sticking points remain ahead of a Dec. 15 deadline, when the U.S. plans to implement further tariffs. The Dow Jones Industrial Average rose 33 points, or 0.1% to end at about 27,681, according to preliminary data. The S&P 500 index gained roughly 5 points, or 0.2% to close at 3,118 and the Nasdaq Composite index advanced 4 points, or 0.1% to end the session around 8,571. A spokesman for China's Ministry of Commerce said that trade negotiations were progressing Thursday, but a report in the Wall Street Journal said the two sides remain at odds on the issues of U.S. tariff reductions and Chinese commitments to agricultural purchases. Investors were heartened by economic data that showed continued strength in the labor market, with new claims for unemployment benefits falling back to a near 50-year low. Meanwhile, the beleaguered manufacturing sector showed life in October, with factory orders rising for the first time in three months, the Commerce Department said.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Scott Kirby Appointed United Airlines CEO One Mile at a TimeUnited's Oscar Munoz to step down as CEO, President Scott Kirby will take over CNBCStocks - Nike, Slack Rise Premarket, United Airlines Falls Investing.comUnited Airlines CEO Oscar Munoz is stepping down CNNUnited CEO Munoz to step down, become executive chairman Fox Business
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PagerDuty Inc. shares plunged 15% in the extended session Thursday after the software company reported a fourth-quarter outlook for adjusted losses that was greater than the consensus estimates. PagerDuty beat third-quarter revenue estimates. The company reported a third-quarter net loss of $15.3 million, or 20 cents a share, compared with a net loss of $15.4 million, or 71 cents a share, in the year-ago period. Adjusted for stock-based compensation, earnings were 10 cents a share. Revenue rose to $42.8 million from $31.2 million in the year-ago period. Analysts surveyed by FactSet had estimated third-quarter revenue of $42.1 million and model fourth-quarter adjusted losses of 5 cents a share on revenue of $43.8 million. FactSet did not produce a reliable adjusted per-share estimate for the third quarter. The company said it expected a fourth-quarter adjusted loss of 6 cents to 7 cents a share and revenue of $44.5 million to $45.5 million. PagerDuty said that it had appointed former Salesforce Inc. executive Dave Justice as Chief Revenue Officer. PagerDuty stock has fallen 48% in the past six months, with the S&P 500 index rising 10.1%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Factory orders rose 0.3% in October, the Commerce Department said Thursday. This is the first gain in three months. Orders in September were revised to a 0.8% drop compared with the previous estimate of a 0.6% fall. Economists were expecting a 0.2% rise. Durable goods orders rose a revised 0.5%, down slightly from last week's initial estimate of a 0.6% rise. Orders for nondurable goods were flat in the month. T.J. Connelly, head of research at Contingent Macro, noted that the growth rate in factory orders is down 1.2% year-over-year. "Overall, the factory sector showed only hints of stabilization amid a continued downtrend," Connelly said, in a note to clients.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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