february 10, 2024

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Introduction

Retirement is about fulfilling your dreams and not stressing about finances. These 5 smart rules can help secure your golden years. Image: Shutterstock

Set clear investment goals

Choose your investment options depending on your goals to help you achieve them in your retirement. Image: Shutterstock

Build a steady income

Invest in fixed-income instruments such as bonds to ensure that you have regular cash flow to cover daily expenses. Image: Shutterstock

Balance risk as you age

Start with riskier investments when you are young and gradually shift to safer options as you near retirement. Image: https://www.pexels.com

Track your investments

Your investment strategy should change in volatile market. Tracking your portfolio ensures that you are aligned with your retirement goals. Image: Shutterstock

Diversify your income

Strike a balance between stocks, bonds, and other assets so if one underperforms, the others can protect your returns. Image: Shutterstock

8 takeaways from The intelligent investor

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