6 Investment Options for the Retired.

6 Investment Options for the Retired.

Investment
Retirement was seen as the end of the line by the elderly for the longest time. It was considered that their earning period is over. However, this notion has changed drastically over the past decade. More and more investment opportunities are being introduced every day for the elderly to make the best use of what they have already earned and help them increase and multiply this asset. The following are some investment opportunities for the retired: Senior Citizens' Saving Scheme (SCSS): With a five-year long tenure, it can be further extended by three years, it is the most profitable for the 60 year olds and above. Early retirees can invest in SCSS, provided they do so within one month of receiving their retirement funds. As of now, the interest rate…
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