In this article, we will discuss investment instruments that are suitable for investors who are over-65s
Investment for Old Age
Old age group, i.e 65 years and over. Time to retire. The purpose of investing for old age is no longer to accumulate wealth, but rather to invest to survive when the body is no longer able to work.
• Choose a low risk
investment The best investment for old age is a low risk, but still bring in the coffers of money.
Call it gold investment, deposits, mutual funds, and bonds. Needs in old age can be met with an interest rate of 4-7 percent per year.
If you still have an income or salary every month, stay disciplined to set aside money. The investment budget allocation can be increased from 20 percent to 30 percent every month for example.
• Buy assets to be a business opportunity
Get a pension from the company? You can use it to invest when you are old. Namely buying assets, such as land, houses, apartments, or cars.
Then these assets can be rented out or boarding houses. While cars are rented for online taxis, or other opportunities.
That way, you can still earn income from leasing these assets. Retirement age no longer needs to work hard. All you have to do is enjoy life with your children and grandchildren, the money keeps flowing into your account.
Well, those are important options for those of you who want to make investments for the over-65s.
Read now: 5 Types of Long-Term Investment That Make You Rich in Old Age
