5 Best Retirement Stocks to Buy Now

4. AT&T Inc. (NYSE:T)

AT&T Inc. (NYSE:T) ranks among the best retirement stocks to buy now. According to a news release on May 21, AT&T Inc. (NYSE:T) launched Build-A-Plan, a wireless service that allows users to customize their plan monthly depending on their requirements and budget.

The plan will be accessible online beginning May 27 at a base price of $15 per month, including taxes and other charges. The telecommunications operator noted that the idea fulfills customer demand for financial versatility in wireless coverage.

The day prior, AT&T Inc. (NYSE:T) declared that it would invest $19 billion in California’s wireless and fiber networks through 2030.

By the end of 2030, the telecom company intends to build over 1,200 new cell sites around the state and provide fiber internet to over 4 million more houses and companies. The investment is $3 billion higher than what the company spent in California over the preceding five years, from 2021 to 2025.

AT&T Inc. (NYSE:T) is a global telecommunications and technology services provider. It provides 4G/5G-enabled wireless, fiber ethernet, broadband, managed professional services, and business solutions. It has two distinct segments, i.e., Communications and Latin America.