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Is it better to invest in daily interest accounts, bonds and GICs when you reach age 80?

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Our response:

While we do our best to provide general information to help you, we are not able to provide advice. In this case, we can’t tell you what type of investment would work best for you. This is based on personal information – including your income, tax considerations, savings and debts.

For many investors it may make sense to reduce overall investment risk in retirement; however this may not be right for everyone. A registered financial advisor can help you review your goals and savings strategy.

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