This year has been one of the most challenging periods in market history. Three companies that have held up well this year are Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP), Consolidated Edison (NYSE: ED), and WM (NYSE: WM). Shares of Brookfield Infrastructure are down only about 1% this year.
The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?
While there's currently a lot of uncertainty about the near-term direction of the global economy, the long-term outlook is crystal clear. According to an estimate by Swiss Re, governments worldwide will need to invest a staggering $80 trillion through 2040 on infrastructure to support continued economic growth. Governments and utilities have historically made the most investment in infrastructure.