We recently published a list of Retirement Stock Portfolio: 12 Safe Tech Stocks to Consider. In this article, we’ll take a look at where Global Payments Inc. (NYSE:GPN) stacks up against other safe technology stocks in the retirement portfolio.

In the past, retirees could rely on bonds for steady income, with 10-year Treasury yields around 6.50% in the late 1990s. However, current rates are significantly lower, resulting in a major impact over time. For example, a $1 million investment in 10-year Treasury bonds now yields more than $1 million less than it did 20 years ago. Added to this concern is the fact that today’s retirees are increasingly uncertain about the future of Social Security. Americans with employer-provided retirement plans estimate they will need $1.2 million to retire comfortably, according to a survey by investment manager Schroders. However, almost half expect to save less than $500,000. Another study from the Transamerica Institute shows that only 1 in 5 middle-class individuals are confident in their ability to retire or maintain a comfortable lifestyle during retirement. Many of these anxious pre-retirees plan to start receiving Social Security benefits before age 67, even though waiting until at least age 70 would maximize their monthly payments for life. Overall, retirement anxiety appears widespread.

That said, the world of retirement may not be as bleak as it first appears. According to this year’s survey by the Employee Benefit Research Institute (EBRI) and Greenwald Research, nearly 80 percent of retirees believe they can spend money however they want, and an even higher percentage believe live the retirement lifestyle they envision. In addition to managing their current expenses, more than half of retirees are still saving for the future. Key factors contributing to this success include planning, such as deciding when to apply for Social Security, preparing for emergencies, estimating the length of retirement, and periodically reviewing and rebalancing asset allocations to stay on track in the face of market fluctuations.

Additionally, inflation slowed last month to its weakest pace in more than three years, as price increases continued to ease from their generational highs. With concerns about the rising cost of living playing a central role in the presidential election campaign, the Bureau of Labor Statistics released its final report on inflation before voters go to the polls. The consumer price index rose 2.4% year-on-year in September, slightly above economists’ expectations of 2.3% but down from 2.5% in August. The “core” index, excluding the volatility of food and energy prices, increased by 3.3% over one year. On a monthly basis, prices increased by 0.2%. Meanwhile, the U.S. economy as a whole remains strong, with employers adding 254,000 jobs in September, countering fears of a labor market slowdown.