There are a variety of ways to manage retirement funds. Some purchase property while others place fixed deposits, buy blue chip stocks for dividends, and yet there are also some who simply prefer to hold cash and stay away from any investments. Seniors will have a different set of investment objectives and risk tolerance, and hence there are alternative retirement and investment products such as the HKMC Annuity Plan, Reverse Mortgage Programme and Silver Bonds, that have been tailored for them.
The following table lists out the primary objectives and risks of different retirement products and investments.
|HKMC Annuity Plan||
|Reverse mortgage programme||
|HKD fixed deposit||
|Blue chip stocks||
Every financial product and investment has their own features, just like every person has their individual money management needs. Select retirement products and investments that are best suited to your needs, based on your own financial situation and risk appetite. Carefully consider your own needs, be it capital preservation, mitigating inflation risks or asset appreciation to achieve your investment goals.
24 July 2018