Andrew Corbman | Best Retirement Investments
Retirement is one of the most important periods of your life, but one that most people don’t prepare adequately for. Andrew Scott Corbman wants to change that.
As we edge closer to our 60s it’s incredibly important that we have enough money saved. Helping us when we can no longer work. Not only will this keep us comfortable in our golden years, but it will eliminate a lot of stress that comes part and parcel with not having enough funds to survive on a monthly basis. Many people fail to prepare adequately for this and often find themselves struggling once retirement edges closer. But according to Andrew Scott Corbman, a financial planner with over two decades of experience helping people manage their finances, it doesn’t have to be an uphill struggle to ensure you’re provided for when the time comes. Below we’ll take a look at some of the best retirement investments.
Immediate annuities aren’t so much an investment as an insurance, and, according to Andrew Scott Corbman, they provide an immediate return and income when you need it. This type of strategy appeals to people who are already retired. Since the returns are so immediate, but they’re not for everyone. They tend to keep assets tied up meaning you might lose money if you pass away before cashing out. But if you’re someone who is relatively inexperienced at investing and have no sources of monthly income, then this is worth investigating.
Retirement Income Funds with Andrew Corbman
“This type of fund is ideal for people who don’t want to constantly keep an eye on their portfolio every waking hour of the day.” Says Andrew Scott Corbman. It’s really a mutual fund. The point of this fund is to invest your money in diversified funds. Working to reduce risk and produce a monthly income.
Property and Real Estate
Property is an ideal investment if you do it early on. Not only is it likely to increase in value, thereby appreciating the money you sunk into it, but, according to Andrew Scott Corbman, you can also generate huge amounts of rental money if you have tenants who live there. Many individuals create a significant monthly income, and if you’re in need of a quick cash injection. Then selling the property will provide this.