Seniors are living longer, fuller lives than ever, which means there's a growing chance they'll need to continue building upon their nest egg and investing for their future.
As you might imagine, the idea of investing in the stock market may not be appetizing to some folks in their 70s, especially with the Great Recession, and the subsequent 50%+ drop in all three U.S. stock indexes, still fresh in their minds.
But historically, the stock market is the greatest creator of wealth, averaging a return of 7% annually. These figures are hard to ignore when trying to make your nest egg stretch for as long as possible.
When seniors reach their golden years, they're rightfully focused on generating income while looking to minimize their risk of capital loss.
Yet within the stock market there are a handful of companies that appear to perfectly fit what retirees in their 70s are likely looking for in an investment.
Here are 9 potentially perfect stocks for retirees in their 70s to consider buying...
