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    Retirement investment

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    Investments for Retirement Years

    Taking into account the value of money over time, discuss an investment one might make for his/her retirement years and the pros and cons of this investment.

    © BrainMass Inc. brainmass.com June 3, 2020, 10:52 pm ad1c9bdddf
    https://brainmass.com/business/business-math/retirement-investment-254259

    Solution Preview

    Hello,

    Once investment might be buying a GIC which is a guaranteed investment certificate.
    http://www.investored.ca/en/investoranswers/B/25_gic/Pages/1_gic.aspx

    Basically, you are lending an institution money, and they pay you interest on your loan.

    Pros: You are guaranteed a fixed rate of ...

    Solution Summary

    This provides an explanation of one type of retirement investment.

    $2.19

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