For a single homemaker mom at 60 years old, what are the choices available for her to invest in for retirement and wealth preservation?

Depending if she want lifetime income or 10 to 20 years of income...she can do do 5 years limited pay on annuities... for a 60 years old, I won't say investment is for her... short horizon and risk probably adjusted...

reach out to me if she want know about retirement planning.

#planwithcolin

Hi, for this age, there are still plans available, depending on what age one wishes to encash her money (eg: 3 yrs or 10yrs or 20 yrs ), and whether the person is looking at lump sum cashout or annuity payouts(eg monthly or yearly)

For insurance, this include products that :

1.Limited time offer tranche (eg: 3 yr maturity period endowment plan)

2. Retirement plan – the key for this is to buy before one hits age 65, as some insurance plan does have age entry limits imposed

Beyond age 70, its also important to look at a plan that covers disability care benefits. If you are keen, you can refer to my platform to reach me for more details regarding retirement.