Retirement plans

bestwriter

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Planning for retirement starts years before one retiries It has mostly to do with finances and proper investment of funds that can guarantee a life long earnings.

There are many schemes and Insurance Companies in particular have schemes for such plans.

What are your retirement plans?
 
Retirement for me is my time to enjoy life. My working life began at age 17 and by 57 I had reached my financial goals where my savings and current income matched my planned requirements to sustain the life my wife and I enjoyed.
 
A good idea is to invest in gold and US Treasury bonds. This way, although you get a very low monthly return, between 0.50% and 1% or a maximum of 2% per month, you can have a nearly constant and fixed monthly income. Annually, this would be between 12% and 24%, which isn't bad for passive income. Cryptocurrencies are a bit more aggressive as a form of passive income. BTC is in a bear market this year, so its price is lower, but as soon as the bull market begins, it will clearly start to rise.
 
I'm looking to having a business that would outlived me. A business that can be an asset that I can still fall back on in years to come
 
Planning for retirement is one of the way which you need to do while you are active on service so I believe it's for your future financial backup when you are retired
 
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