Evergy, Inc. (EVRG) is an electric company that serves parts of Kansas and Missouri. Historically, one of the most popular investments for retired investors has been utilities. This actually makes a great deal of sense as these tend to be reasonably stable entities with very secure cash flows regardless of broader economic conditions. After all, these companies provide a service that most people consider to be necessities, so they will normally go out of their way to prioritize paying their utility bills over more discretionary expenses.
