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Packaging Materials Best Dividend Stock Makes Boring Profitable

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Conventional retirement wisdom holds that you’ll need to replace 80% of pre-retirement income in order to maintain your lifestyle once you’ve stopped working. For dividend investors, that means building a sizeable nest egg of dividend-paying equities.

But there’s a very good chance you won’t need that much, according to recent work by retirement expert Michael Finke. A lower replacement rate translates into more investment latitude and less pressure to reach for yield and take on greater risk.

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