Think You Missed the Boat on Retirement? Why Your Ship Hasn’t Sailed Just Yet

 

Don't let your retirement income run dry. Photo credit: Flickr/Mark Rain 

Too many Americans feel like they've missed the boat for retirement. They haven't saved enough and what they have saved isn't providing enough income to pay the bills.

That doesn't have to describe you. Investing in high-yielding stocks could be the lifeboat your retirement needs. And, what better boat to use than boring shipping related stocks like Nordic American Tankers (NYSE: NAT  ) , Seaspan (NYSE: SSW  ) , or Textainer Group (NYSE: TGH  ) .

An investment in Nordic American Tankers is an oil-fueled bet that has the potential to earn substantial dividend income as the company leases oil tankers to energy companies. While the company's dividend payment is nearly as volatile as the price of oil, Nordic American Tankers still has a very long history of paying something to its investors each quarter.

Meanwhile, Seaspan and Textainer represent an investment in two different sides of the containership industry. Seaspan owns and leases out containerships on long-term charters to shipping companies. Textainer, on the other hand, leases out the containers to shippers on long-term leases. These long-term contracts enable both companies to pay solid dividends that continue to grow over time.

I've created the below slideshow to help you learn more about these three stocks. The presentation will show you how you can fuel some more income into your portfolio by getting to know more about Nordic American Tankers. While it will also providing details on a portfolio anchor like Seaspan as well as a dividend building block like Textainer. 

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  • Report this Comment On May 25, 2014, at 4:06 PM, GB215 wrote:

    Another major thing to consider is catch up contributions when you reach 50. You can substantially increase your nest egg by doing this. The site Retirement And Good Living provides information on retirement planning and investing as well as many other retirement related topics including health, retirement locations, travel, part time jobs and more.

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