Nzomo Mutuku, RBA: Utilizing Pension Savings for Buying a Rental Home and Health Insurance in Retirement.
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As retirement approaches, individuals often have to make crucial decisions on how to allocate their pension savings to ensure they can comfortably sustain their lifestyle. Investing in a rental house and purchasing post-retirement medical cover are two options that can provide financial security and stability during retirement. Investing in a rental house can generate stable income in retirement, allowing retirees to supplement their pension income. Rental income can help retirees cover their living expenses, pay off debts, or enjoy their leisure time. Additionally, a rental property can a...