As you leave your 50s behind and hit the age bracket for retirement, your investment priorities will naturally change.
Wealth preservation should be at the top of the list, as many want to be able to leave a tidy sum of money behind for their loved ones.
Meanwhile, as you enter retirement, your employment income goes away.
As such, another consideration would be how your savings can generate passive income.
Stocks that fit these criteria usually include dependable blue-chip names and stable REITs with strong sponsors and a great track record.
These businesses can usually weather the economic storms and continue to churn out dividends that can sustain your lifestyle when you call it a day.
Here are four stocks that are ideal for your golden years.
Parkway Life REIT (SGX: C2PU)
Parkway Life REIT is a healthcare REIT with a portfolio comprising three hospitals in Singapore, 51 nursing homes in Japan, and a specialist clinic in Kuala Lumpur, Malaysia....