3 shares for an easy and simple retirement

When you finally reach retirement I’d hope that’s the most stress free part of your life. You’ve already spent decades working and stressing about deadlines and so on.

Do you know what doesn’t sound relaxing to me? Stressing about your portfolio every day. That doesn’t mean ignoring your portfolio if you invest in individual shares, that just sounds like a recipe for underperforming the market average.

When you’re in retirement I’d imagine you want high income, but perhaps not having as risky shares as your younger years. If that sounds like you, I have three suggestions:

Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)

Soul Patts is perhaps one of the lowest-risk shares on the ASX. It’s over 100 years old and hasn’t missed paying a dividend, even through wars and recessions. Indeed, it has increased its annual ordinary dividend every year since 2000, including through the GFC.

I like Soul Patts so much as an investment idea because it is ‘adaptable’. It’s an investment conglomerate that takes large stakes in businesses it believes have a good long-term future. That means it can change its investments as time goes on, it isn’t ‘stuck’ as a telco or supermarket business.

It currently has a grossed-up dividend yield of 4%.

WAM Research Limited (ASX: WAX)

WAM Research is my favourite WAM listed investment company (LIC) for income. It looks for undervalued growth companies and only invests if it sees a ‘catalyst’ that will change the valuation in the short to medium term.

It has been very successful with this strategy, as its portfolio has returned an average of 15.6% per annum over the past three years, before fees.

It currently has a grossed-up dividend yield of 9%.

Naos Emerging Opportunities Company Ltd (ASX: NCC)

This is a LIC run by Naos which focuses on the small end of the Australian share market, it aims for businesses with market capitalisations less than $250 million.

It’s the oldest LIC run by Naos and it has been very successful with its strategy of holding a small number of shares with a medium-term investment timeframe. Its portfolio has returned an average of 14.59% per annum before fees over the past five years.

It’s currently trading with a grossed-up dividend yield of 8.9%.

Foolish takeaway

These three shares together have an average yield of 7.3% and have delivered market-beating returns over the long-term. I’d happily invest in these three shares and not look at my portfolio again for another five years. That sounds like a stress-free retirement to me!

Another share that could be an excellent dividend option for retirement is this growth stock that just increased its dividend by more than 25%!

Breaking news: ASX companies set to raise dividends!

It's been a nail-biter of a reporting season here in the first half of 2018.

But the real action, in my opinion, is what companies are doing with dividends.

What does this mean for you? Well there is one stock I've found that could very well turn out to be THE best buy of 2018. And while there's no such thing as a 'sure thing' when it comes to investing - this ripper might come as close as I've ever seen.

Click here it's FREE!

Motley Fool contributor Tristan Harrison owns shares of WAM Research Limited and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of and has recommended Washington H. Soul Pattinson and Company Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!