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The idea is to avoid risk as much as possible while also maximizing your returns.
Even if youve already retired, its not too late.
you could turn the tables and set yourself up for a work-free future.Heres how.
Dividend Stocks
Blue chip dividend stocks offer regular, dependable income.
Plus, these investments are low-risk.
You may even benefit from stock appreciation if the company is undervalued.
Naturally, you dont want to be taking on a high level of risk as a retiree.
Money Market Funds
Money market funds are a good option as well.
In addition to being low risk, they offer high liquidity while being designed around the short term.
Money market fundshave some of the lowest volatility of mutual funds.
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