General Information
People invest for many reasons. Some people don't even have a reason for investing, they just get caught up in the "fever" of a hot stock market. Investing with a purpose enables you to take as much risk as necessary. Also, having a goal should mean you effectively select the most appropriate investment product(s).
For some, reading that 60+ year olds should be investing may sound odd. Retirement is supposed to be all about security. With proper investment selections it can be. Longevity today means living 25-30 years after employment ends. Some investment risk is necessary to keep income-producing sources growing by at least the rate of inflation and income taxation. Current medical advances (and their costs!) also, mean higher income needs to avoid running out of money before you run out of life.
This section, as throughout our website, offers only some guidelines and is intended to provide you some information so you'll be motivated to get personalized professional advice and implement a plan of action to meet you and your family's needs. Nothing should be interpreted as being a recommendation.
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Finance information courtesy of
Donna Burrill,
Burrill Financial Services
