John Labunski Finance tips for retirees

John Labunski – Finance tips for retirees

Have you worked for years and years to save a good income in the bank, making several savings to have a better life when you are retired? But now that you’ve built up a good fortune and finally retired, are you still worried that if you don’t make the right investments, you could run into financial problems? And this is not a good time for so many uncertainties, is it? Since their retirement remuneration and the wealth collected are limited and, especially because of this, they need to be very well managed. So how can you be more protected and safe in this period? Discover some of the most valuable finance tips for retirees below:

Allocate part of the equity to riskier strategies

The objective of those who are retired should be the preservation of their assets, taking into account the time of redemption and the relationship of their investment with inflation, right? Of course, you can make more conservative investments and, consequently, less risky, but, depending on the case, the yield may simply not exceed inflation. Thus, it is worth keeping up to 15 or 20% of your equity in riskier investments with medium-term returns. That way most of your money is still totally and completely safe, in conservative but less profitable applications, while looking to earn a little extra bucks with a little more daring.

Take a look at fixed income applications

If today the classic option of conservative United State, which is savings, has not been a good alternative precisely because of its unpromising contrast with inflation, some fixed income and lower risk investments are very interesting. It is possible, for example, to invest in Bank Deposit Certificates (CDBs), which can be fixed or floating, in Real Estate Letters of Credit (LCIs) or in Agribusiness Letters of Credit (LCAs). The redemption of these securities will depend on the respective contractual clauses, and it is worth mentioning that taxes are normally levied on them —

Buy properties to rent or resell later

Having houses or apartments for rent or acquiring land or real estate, waiting for the properties to appreciate, and then reselling them is also a great alternative for your investments. However, in the case of resellers, it is necessary to have a keen eye and choose good properties, preferably in areas that are expanding and would return faster. If the idea is to acquire a property for lease, it is important that attention is paid to market demands, not putting so much emotion at the time of purchase. Remember that the commercial room or the residence is not for you to enjoy the property directly, but for rent. Therefore, it is the market that should dictate the choice and not your personal tastes.

Include part of your 13th salary in investments

Nothing prevents you from wanting to travel or make certain larger purchases at this stage of retirement. However, you must be careful with your purchasing power, keeping your standard of living stable, without doing great mischief. Therefore, when you receive your 13th salary, set aside at least part of it to save, investing it in fixed income investments or in others that you find convenient. Don’t forget that continuing to invest is a great way not only to increase your reserve but also to ensure your financial balance.

The great advantage of having a good financial education and acquiring the habit of saving is that you will be able to maintain a good financial situation, without changing your standard of living, even after you retire. Doesn’t it look good? So what are you still waiting for to plan the fate of your finances? What do you think is best for your money now that you’re retired? Comment here and share your impressions and experiences with us!

 

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