Category: comfortably
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I’m 65 With Only $120k Saved. Is It Too Late to Retire Comfortably?
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A low-savings retirement is one in which you do not have enough money in your portfolio to generate a comfortable retirement income. For example, let’s say you’re 65 and have $120,000 in your retirement portfolio. We’ll assume that this money is in your 401(k) before tax. This will not generate…
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With a Sh2.5m pension, how can my father invest to live comfortably in the village?
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My name is Eugene. My father will retire in December this year and will move to the countryside. He will receive a lump sum pension of about Sh2.5 million. We wonder how he can invest the money to better his village. During his working life, he has built some rental…