6 smart ways to invest your retirement money
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Once you retire, your relationship with your money changes. After all, you’re no longer drawing a paycheck and instead likely need to use some of your money to cover your day to day costs of living. To deal with that change, you need a smart investment plan for your retirement money that enables you to meet several different goals:
· Have the money you need to spend available to you when you need it,
· Deal with the fact that the market does go down from time to time, and
· Deliver enough growth to help cover your long-term costs and fight inflation over time
These six ways to invest your retirement money can each help you meet one or more of those goals. No one investment is likely to meet all your needs, but a combination could help deliver your end to end plan.