Your investments are affected by many different factors, a lot of which you have little or no control. But what you can control is how much you invest and where you invest that money, two things that will likely change as you age.
Investing after retirement requires looking at your current financial situation, and then creating the best investment plan for you. Your plan should suit your level of risk tolerance as well, while also meeting your growth and income needs.
Many investment professionals advocate towards more conservative holdings like annuities, treasuries, and bonds as you get older, but for those willing to take on more risk, you could consider ETFs or large-cap stocks.
Personal Finance 101 is a video series that aims to help you take control of your money. It’s hosted by Zacks Editor Madeleine Johnson, and covers a wide range of personal finance related topics. To watch more video content from Zacks, subscribe to Zacks Investment News today!
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