- June 13, 2021
- Posted by: Stratford Team
- Category: Economy
Joseph Gillis Jr. is nearing retirement and has piled money into his nest egg during the pandemic. But he is concerned about two things: how climbing prices and a potential rise in corporate taxes could chip away at his investments.
“It’s a mental struggle. My wife and I want to save enough so we can retire and be somewhat healthy and enjoy it,” says Gillis, 58, who is a manager of analytics at Tufts Medical Center. “But we also want to continue to see our savings grow.”
Gillis and his wife, who live in Bridgewater, Massachusetts, weren’t spending money dining out or going on vacation the past year. So they socked their stimulus checks and extra savings into their retirement accounts and scooped up shares of Disney, Coke and Hershey in hopes that those companies were diversified enough to come out stronger on the other side of COVID, he said.
He also likes to invest in stocks like those since they typically provide…
