What should I do with my money when I retire?

[Knowlopedia]

Here are some things you can do with your money when you retire.

• Spend it on the things you enjoy most.
• Invest in your children or grandchildren's education.
• Sock it away in a savings account just in case.
• Pay off your mortgage or expensive loans.
• Start a small business and use some of your money as capital to start with, even if you don't think you're very good at business.
• Start a small business and then use some of your money as capital to start with, even if you don't think you're very good at business.
• Reduce taxes by investing in a tax-sheltered annuity.

"An annuity is a kind of insurance policy that provides regular payments to an individual or couple who do not have the ability to work because they are disabled, elderly, or both. The annuity can be purchased at any time during life; once purchased it can be referred to as a buyout or deferred annuity and will usually provide payments for life." - ( source: Wikipedia)

• Pay off your house or mortgage and live off the interest.
• Put it in a bank account and let it sit there.
• Leave it to the next generation, trusting that the government won't take too much before they have a chance to use their inheritance.
• Save some of it to leave to your children when you die; saving some of your money for them to inherit.

 

[Mancash]

You should first of all make sure that you take care of your health after you might off make so much money while at work with the youthful video the next thing is after retirement what do you need to do with the money you have saved up first of all take care of your help make sure that you are going to test you engage in some supplements and who she misses and because of the age where you have retired your strength is we did as you need to boost your new system and engaged in business that will require taking of your strength or stressing your strength stretching stressing you up why we liver size on this is because at the age where you have retired 7 to 70 years you are not a young person anymore in an older person so you have any work that will not require strength and this will help you to live longer and will be there with the help that you have taken care of the money you have saved you can be able to enjoy out of your life at that time

 

[Paul Abel]

After retirement, actions that one will take financially must be done wisely. At that point, you must focus on creating so many means of income. Make and take part in many good business opportunities. Set up businesses, invest in Businesses, buy shares and stocks and do so many things that will help you to stay financially stable and secure.

And also, you must be able to focus on your most basic needs. At this point that you no longer work, then your wants may get reduced. Other people love to travel and that is cool if you are sure that your financial strength is worth that.