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6 Safe and Smart Investments for Retirees
6 Safe and Smart Investments for Retirees
Work eventually ends, but expenses go on. Here are some ways to make money without too much risk.
If you are ready to retire, “safe and smart” investments probably sound more appealing than ever before.
Most of us want to dial down risk in our post-work years. Without a steady paycheck to count on, a little more caution seems prudent.
But the reality is that while work eventually ends, expenses go on and on. Finding ways to cover those costs becomes one of your biggest post-career jobs.
Following are a handful of safe and smart places where retirees can put their cash. While some involve a degree of risk, none is typically as volatile as investing in the stock market.
Real People, Real Advice: 27 Tips to Take Control of Your Finances
Here are strategies that real people use to manage their money wisely.
This story originally appeared on NewRetirement.
Want to know how to take control of your finances? Ask some smart people who are managing their own finances and actively planning for a secure future. On the NewRetirement Facebook group, we recently asked: “What is one action you have taken that has improved your financial life?”
None of the 27 suggestions in this slideshow will be right for everyone. In fact, the responses really do highlight that there are so many different ways to achieve wealth, security, confidence and happiness with one’s financial situation.