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Title : A good type of investment for retirement in old age
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A good type of investment for retirement in old age
When you approach your 60s, then you can no longer be productive in making money. If you are good at setting aside your main income and savings, later in life you can enjoy "the fruits of your work". If you are good at investing, then you will get the most profitable pension savings.
You need to find the best retirement investment so you can generate reasonable income, without having to go back to work. The following are retirement investments that produce profitable savings and income.
Good Type of Investment
The following are some types of investments that are quite good and profitable for those of you who want to get income in old age:
1 Annuity
Annuity is a form of insurance rather than investment that gives you a steady income at retirement. Annuities have ten years or certain periods. Annuities are long-term contracts between participants and insurance companies specifically designed for retirement purposes.
Participants give a series of contribution money over a certain period of time. The insurance company is then required to make periodic payments to participants during retirement.
2 Bond
A bond is a loan that you give to the village government, the city government or a company which then the government or company pays interest regularly to you. When the bond matures, the face value is returned to you.
Bonds are investment choices with lower risk than other investments. Buy bonds not to grow a lot of money but to get interest and for the principal collateral that you will receive when due.
3 Life insurance
Life insurance is the last type of investment you can try to make. Having the right insurance, whatever happens to you when you are old can be protected. But it's good if you search the best insurance in Indonesia.
Since there are many types of insurance in Indonesia, you must be smart in choosing an insurance company. One of the best insurance companies in Indonesia that you can try to use for your old age savings is Generali. Generali is a reputable and trusted PT Asuransi Jiwa.
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