Archive for July, 2011

Investing When You are About to Retire

Wednesday, July 20th, 2011

Retirement is the part of your life when you become too cautious about your financial needs (current & future). At such a turn, one starts looking for the best modes of putting in his hard earned savings so that they reap into handsome recurring profits over the years. Owing to lower flexibility in the investment options (unlike a fresh graduate who has ample time to chalk things out), one cannot afford to make a wrong choice. So when you are on the verge of retiring from you long lived career, you need to do a thorough research about the market trends.

Check with your company about the pension amount you are eligible for. That way, you have more options to invest. Go through your current stock & safe investments. It is a good practice to keep a 1:1 ratio between your market & savings investment. Keep a good watch over the market’s ups & downs.