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Certificates of deposit (CDs) are among the most secure investment decision selections for seniors due to the fact a hard and fast sum of money might be place away for a hard and fast length of time to make a assured return.

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Why ought to seniors invest their income? Two of The explanations why seniors could be hesitant about investing their income are the stigma connected to investing and the need to avoid using sizeable pitfalls after retirement. Some older Grown ups could be unfamiliar with or fear investing resulting from inexperience.

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