Author: Marc Lichtenfeld, Wealthy Retirement

It’s growing its cash flow and has more than a decade-long streak of raising the payout.

Here are three products in particular that I despise and think are traps for retirees and pre-retirees.

It’s a ‘recession-proof’ name with growing cash flow and a stable dividend history.

A Perpetual Dividend Raiser, it pays a yield of about 6% now, that looks ‘extremely safe.’

Not having enough exposure to here in 2026 is like not having exposure to tech in the early 1990s or 2023.