Savings made through bank deposits, bonds, investments, endowment life insurance (NSH), or renting out real estate may assist maintain a decent living after retirement, according to Pavel Guzhikov, the founder and CEO of the fintech business Money Forward.
A bank deposit, according to the expert, is one of the most common vehicles for establishing a financial reserve. It’s similar to buying bonds in that it’s a low-risk investment. It should be noted, however, that the revenue generated by these ways is much smaller than that generated by other methods, Sputnik Radio reports.
Shares can provide a greater return; …
