Author: Marc Lichtenfeld, Wealthy Retirement

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.

If it can get back to positive free cash flow growth, it’ll take some of the pressure off of the dividend rating. If not, management will have some tough decisions in the future.