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Age is just a number and venturing into business/investment at that stage is never a bad idea.After pension has been received at the maturity of age, I would like to know if someone is still physically and mentally fit to go into investments that would generate more income or rely on the pension that would be received.
disciplined investor, managing your pension resources will make more sense than if you are prone to fear based reactions to market moves.On the other hand, if you are closer to retirement and looking for guaranteed income, the annuity may be a more attractive option. You don’t have to worry about investing the money yourself in the precariousAge is just a number and venturing into business/investment at that stage is never a bad idea.
Many of those retirees have very huge experience and some of them even work in financial institutions where they understand all that it takes to start up.
At retirement, people should only venture into business that they have knowledge about and some of these knowledge might be what they have learnt while they are on paid jobs
You don't have to be idle at home because you have retired from service. They are still a lot of jobs you can take up after retirement. You can manage a business for someone. You can work as a consultant in your field. You can work as a coach in your field of study.After pension has been received at the maturity of age, I would like to know if someone is still physically and mentally fit to go into investments that would generate more income or rely on the pension that would be received.
I concur. I also wanted to make it clear that i did not suggest sitting down at home too infact I think sitting down at home is more risky the taking up a new responsibility I just wanted to point out that after retirement rest is really important as body cells have started depreciatingYou don't have to be idle at home because you have retired from service. They are still a lot of jobs you can take up after retirement. You can manage a business for someone. You can work as a consultant in your field. You can work as a coach in your field of study.
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