1. A passive stream of non-taxable income
...If you are approaching the retirement age and feeling increasingly worried, you are not alone.
The government rolled out a slew of financial measures to support “young seniors”, categorised as those in their 50s and 60s, during the recent National Day Rally.
Higher costs arising from inflation are the main culprit contributing to such worries.
Being “sandwiched” between old parents and school-going kids is another as this group not only has to support ageing parents but also needs money to nurture and feed their children.
Investing is a surefire way to not just help you to beat inflation, but also build up a valuable nest egg that you can use for your golden years.
To be more specific, you should park your money in dividend-paying stocks.
Such stocks can enable you to retire without worries for three great reasons.