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Where Should Seniors Invest Their Money?

Where Should Seniors Invest Their Money?

When it comes to investing in retirement, two of the most important stipulations for choosing where to invest are that (1) it is low-risk, and (2) that it yields high returns. Carefully deciding on where to put your money can help supplement your fixed income or any Social Security benefits you might receive in retirement. 

Here are some of the best investments you can make as a senior:

  • Short-term bonds
  • Preferred stock
  • Covered calls
  • High-yield savings accounts
  • Dividend-paying stocks
  • Real estate investment trusts
  • Annuities
  • Alternative investment funds

These are great places to get started if you are looking to invest as a senior. Visit the rest of Senior Strong today and check out some of our articles on retirement planning!

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After years of living under the care of your parents and other family members, the time will arrive for you to reciprocate. At Senior Strong, you can show your loved ones just how much you value them.
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