At the opening of today's markets, 240 companies in the S&P 500 had reported quarterly earnings.

Thus far, it's been a productive earnings season. The performance of equities for current retirees is perhaps more important than ever, as many advisors are using stocks and dividend paying stocks to supplant fixed-income and money-market funds, which lag due to low interest rates.

At Monday's opening bell, 68 percent of companies to have reported beat estimates, 11 percent met estimates, and 21 percent missed estimates.

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