Why Federal Realty Is a Retiree's Dream Income Stock

Retirement income is all about reliability: If you're not drawing a paycheck anymore, you need income you can count on, month after month and, if things go well, year after year. You could consider real estate investment trusts (REITs). REITs are required by law to pay out to shareholders at least 90% of their taxable income as dividends, and they've long been a great way to garner passive income while enjoying the profit -- and loss -- potential of owning real estate.