Hi all
My parents are nearing retirement age, and are facing a number of challenges, one of the biggest is what to do with their retirement savings.
I was wondering what suggestions you might have regarding what to do with the money. They have worked hard, saved, and have some assets in real estate (not investments), super, shares etc.
They are not really good with or interested in finance, and distrust the financial planning industry. They went to see a few financial planners but found they were fairly disinterested in their situations and dismissive of their concerns.
What would you do if say you were 70 with 2 mil to invest, risk adverse and looking mainly for income, and growth that ideally kept up with inflation.
Appreciate any comments, links, funds to investigate etc
My parents are nearing retirement age, and are facing a number of challenges, one of the biggest is what to do with their retirement savings.
I was wondering what suggestions you might have regarding what to do with the money. They have worked hard, saved, and have some assets in real estate (not investments), super, shares etc.
They are not really good with or interested in finance, and distrust the financial planning industry. They went to see a few financial planners but found they were fairly disinterested in their situations and dismissive of their concerns.
What would you do if say you were 70 with 2 mil to invest, risk adverse and looking mainly for income, and growth that ideally kept up with inflation.
Appreciate any comments, links, funds to investigate etc
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