Should the B.C. couple sell their rental property to invest in dividend stocks for retirement?

Yes, selling the rental property could significantly enhance their retirement cash flow by reinvesting in dividend stocks. Here’s why:

• Increased Cash Flow: Dividend stocks can provide regular income that outpaces rental income from their property.
• Liquidity: The sale of the rental property offers immediate cash proceed, allowing for timely investments in dividend-paying stocks.
• Diversification: Investing in stocks enables better risk management, spreading their investments across various sectors rather than being tied to the performance of a single rental property.

It’s essential to evaluate their finances, maximizing their income generations by transitioning from real estate to a diversified stock portfolio that aligns with their long-term goals.