My father will soon retire from his government job. Like many people, he will be retiring at his old age and even though he would still love to earn money, he cannot do anything that requires much energy.
I think the best business for retired and old people should be something that just gives passive income and does not require so much work. Therefore, one should just invest in something like real estate or building rental houses which will earn them passive income each month. I also think that investment should be started when one is still at work then when they retire, the money they invested will continue feeding them while they rest.
What are your thoughts on this?
I think the best business for retired and old people should be something that just gives passive income and does not require so much work. Therefore, one should just invest in something like real estate or building rental houses which will earn them passive income each month. I also think that investment should be started when one is still at work then when they retire, the money they invested will continue feeding them while they rest.
What are your thoughts on this?