Some say that 60 is the new 40. Maybe so, but your attitude toward investing can be quite different in your 60s than they were in your 40s. With retirement either on the horizon or already a reality, you’ll want to put your money in stocks of solid businesses that provide steady income.
Three stocks that definitely meet those criteria are AbbVie (NYSE: ABBV), Brookfield Infrastructure Partners (NYSE: BIP), and IBM (NYSE: IBM). But what makes these stocks stand out above others for investors in their 60s?