As retirement days come closer, you may find yourself starting to worry about your future, and that of your family. You might be wondering if you’ll be able to maintain the quality of life you’ve grown used to after all these years as part of the labor market. Fortunately , there are still solutions by which you can get income while enjoying your retirement to the fullest. Below, we’ll be looking at Leesa Fazal recommended low risk investments for after you retire.
Real-Estate Investment
Although some may consider the market being too volatile, real-estate has consistently been a lucrative investment for buyers for years now. While you can afford to do so, Leesa Fazal recommends buying out a small property, renovating it to your liking , and putting it on rent. You’ll see a substantial return on your investment fairly soon. It goes without saying though, that real-estate investment isn’t cheap. This is one market where you must have money to make money.
Why Leesa Fazal Recommends Buying Bonds
Bonds are a certificate displaying a prefixed value of debt. Having a bond means someone else owes you debt, and that’s a big position to be in. How much money you want to get depends on several varying factors, such as the price of the bond, the rate of interest on the bond, and where you bought the bond from.
Leesa Fazal Explains The Risk Behind Immediate Fixed Annuities
If you’re looking for a consistent and reliable source of income, Leesa Fazal Las Vegas advises investing in immediate Fixed Annuities. You can purchase an Immediate Fixed Annuity from an insurance company, and then benefit from a monthly passive income. However, buying an immediate fixed annuity has an assured level of risk. The major drawback of immediate fixed annuities is that the buyer dies before making a substantial profit on their investment.
Shareholder Dividends
Stocks floated on an exchange represent a percentage of a company that the buyer of the stock can hold and own. As a holder of a stock, you own a portion of that company. Shareholders receive a certain percentage of company profit in the form of dividends every quarter, or every year that they hold the stock. According to Leesa Fazal, Stock trading is definitely a very ‘high risk – high reward’ type of investment. If the company performs exceptionally well during any given quarter, you as the shareholder will stand to make a lot of money. If the company you decide to invest in experiences losses, you might fail to make back your investment at all.
Life Insurance
Leesa Fazal states that although life insurance isn’t a sort of investment in the traditional sense, it can still provide another source of passive income for retirees. Leesa Fazal Las Vegas advises looking at life insurance plans that allow you to take out a loan, or a full withdrawal, whenever you need it. The downside to be aware of in this case, is that the value of your life insurance at the time of your death will decrease substantially if you choose to do so.
Conclusion
When all is said and done, your wealth is exactly that, yours. It’s up to you to decide what you’re most comfortable doing with it. Retiring isn’t easy, but if you make smart choices, you’ll be able to live out your retirement in comfort and style.
