50-70 Older Adults
1. How can older adults invest for retirement?
Older adults can invest in for retirement by investing in stocks, mutual funds, and lending personal things to earn money such as putting their home and car up for rent.
2. How can they pay off a lot of debt and still manage credit?
They can pay off debt by investing in their own property and investing in bonds which secures a profit and then pay off debt little by little which also helps in managing their credit.
3. How can they protect their credit score?
They can protect their credit scores by paying off their bills and debts on time if they try to pay off a large amount earlier they can also increase their scores.
At Stage 4 of your life you should be getting ready for retirement and enjoying the free time you have. You should look forward to having fun resting and make sure you have money to spare. Keep in mind you need to pay off your loans and debts before you make it to retirement and you should come close to finishing up your financial goals as well.