Average American retires at 62; consider investing in growth stocks like PepsiCo, Amazon, and Wolfspeed.

From Nasdaq: 2025-01-25 03:15:00

The average American retires at 62, younger than the Social Security full retirement age of 66 or 67. To retire comfortably at 62, consider investing in growth stocks like PepsiCo, Amazon, and Wolfspeed. These stocks offer potential for above-average growth without excessive risk, supporting a comfortable retirement.

PepsiCo, despite not being the biggest name in the beverage industry, has outperformed Coca-Cola in terms of shareholder rewards over the past 30 years. With a strong dividend history and aggressive stock buyback program, PepsiCo is a solid investment for long-term growth.

Amazon, with its dominant cloud computing services and profitable e-commerce operations, is poised for continued growth. As online retail sales expand globally, Amazon is expected to capture a significant share of the market, making it a compelling investment for early retirement.

Wolfspeed, a lesser-known stock, offers potential for comfortable retirement through its innovative energy equipment utilizing silicon carbide. With increasing demand for its technology in various sectors, including electric vehicles, Wolfspeed is expected to see significant revenue growth in the coming years.

Consider “Double Down” stock recommendations for potentially lucrative investment opportunities. Historical data shows significant returns for investors who followed these recommendations for companies like Nvidia, Apple, and Netflix. Don’t miss out on the chance to invest in promising companies before they take off.



Read more at Nasdaq: The Average American Retires at 62. Buying These 3 Stocks Now Could Make Your Retirement Much More Comfortable.