5 Jul

I’d buy these 2 FTSE 100 stocks in 2020 to retire early on a rising passive income

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. Rupert Hargreaves owns shares in Prudential. The Motley Fool UK has recommended Prudential. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Rupert Hargreaves The State Pension age is expected to rise to 67 later this decade. This means most workers will have to work longer to receive their retirement income.However, by investing in FTSE 100 stocks today, you could improve your chances of being able to retire early and beat the State Pension. The index offers a large number of opportunities that have the potential to grow your wealth and provide a passive income in older age.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…I think two companies stand out as being particularly attractive.EasyJetRecent updates from easyJet (LSE: EZJ) have confirmed this low-cost airline is still at the top of its game. Passenger numbers for the year ending 30 September 2019 increased by 8.6% to 96.1m, despite increasing competition in the European budget airline market.The company is now investing large sums of capital into increasing its route network and providing a better offering for customers. It looks as if this is the right decision for the business in the long run. EasyJet has an impressive track record of growth, and it needs to improve its customer service to stay ahead of competitors.Even though the shares have outperformed the market over the past six months, they continue to trade on a low valuation. The stock has a price-to-earnings (P/E) ratio of just 12.5, while its dividend yield of 3.5% suggests its total return prospects could be high.With the demand for low-cost air travel continuing to grow, now could be the time to buy easyJet. The company’s strong brand should help it stand out in a crowded field, and deliver a sustainable, growing, passive income for investors.PrudentialAnother FTSE 100 company that appears to have fantastic income credentials is Prudential (LSE: PRU).Global geopolitical worries have hit Prudential’s shares over the past 12 months but, despite investor concerns, the company’s prospects have continued to improve.To help cement its position as one of Asia’s most prominent financial companies, Prudential recently agreed on a 20-year exclusive bancassurance partnership with Southeast Asia Commercial Joint Stock Bank in Vietnam. The firm has also signed an agreement to become the preferred life insurance provider to BRG Group Joint Stock Company in Vietnam, which has around 10m customers.These efforts show Prudential is focusing on long term growth. As such, now could be an excellent time to snap a piece of this business at a discounted price.The stock has a P/E ratio of 9.9, with a dividend yield of 2.8% at the time of writing. These metrics indicate the company’s shares could offer a wide margin of safety vs other FTSE 100 stocks at current levels.With a long track record of dividend growth, this looks to be an excellent passive income investment that could give you a steady, growing income for many years in retirement. Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. I’d buy these 2 FTSE 100 stocks in 2020 to retire early on a rising passive income “This Stock Could Be Like Buying Amazon in 1997” Rupert Hargreaves | Tuesday, 7th January, 2020 | More on: EZJ PRU last_img

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