Old Bull

Dividends Ripe for the Picking

What you say is largely true. But high dividend stocks are not the only way for retirees to preserve capital. If they are wise they also keep some diversification in pure growth stocks. So don't automatically expect spectacular rises in high dividend/low growth stocks. As a retiree I favor stocks like GE and strong banks like WFC (now very cheap) that provide me with growth AND a good dividend. Win...win!