Are you planning on receiving money in retirement from pensions or from a personal investment account? Pension income can be incredibly important in retirement, but many investors also additional investment accounts if their pensions aren’t enough.
Within a personal investment account and even in some retirement plans or pensions, investors may be able to choose the funds or other securities to invest in. This decision is crucial to your long-term financial success and ability to reach your goals, so do your research! Regardless of whether you are investing your retirement funds or other savings, you can benefit from understanding the types of investments available to you.
Here is a brief overview of some traditional investments as well as some common alternative investments.
Before we discuss potential alternative investments for your retirement savings, let’s briefly cover some more traditional investments you might use.
These investments are some of the most common vehicles to invest your money or retirement savings. If you are self-invested and have the responsibility of investing on your own, you may have difficulty deciding what to own in your portfolio. Depending on situation, some investors could benefit from hiring a professional for financial advice.
The definition of an alternative investment can vary widely depending on who you ask, but in this article we’ll broadly use it to refer to a few asset and security types that don’t neatly fit into any of the more common asset classes mentioned above. Most alternative investments in this sense are not inherently good, bad, safe or risky investments. They are typically just other assets that come with their own sets of potential risks and returns. Here are some common types of alternative investments.
These investments can seem enticing and alluring, but be sure to understand them before buying. Any investment comes with risks, and alternative assets are far from risk-free. If you’re considering these investments, you may benefit from seeking the advice of a professional to help you evaluate these risks.
Fisher Investments UK may be able to help you plan for retirement and analyse your pensions and other savings to make sure you’re on track. Every investor is different, and what may be right for others may not be the best choice for you. This is especially true for your optimal asset allocation—your portfolio’s mix of equities, fixed-interest, cash and other securities. Fisher Investments UK understands this need for a personalised investing approach. We are dedicated to getting to know you, your investing goals and personal situation. Call us today or download one of our educational guides as the first of our ongoing insights to learn more.
Investing in financial markets involves the risk of loss and there is no guarantee that all or any capital invested will be repaid. Past performance neither guarantees nor reliably indicates future performance. The value of investments and the income from them will fluctuate with world financial markets and international currency exchange rates.