Question

what arw possible sources of income for retireees ?

what arw possible sources of income for retireees ?

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Answer #1

Solution:

The possible source of income for retirees can be -

Annuity : Annuity is one of the source of income for the retirees. A person can invest while working to get the annuity after the retirement.

Returns from the stocks: One could invest in stocks for the retirement and can get the dividend income as well as the capital gain on the investment.

Rent Income: One could purchase real estate property and get the rental income on this property after the retirement.

Apart from these income sources there are other sources for income and these are from retirement account, pension account and savings.

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