Investment Plan for Your Retirement
There so many investment plans available out there. The following points will guide you to choose the most appropriate one for you with lesser risks and commitments to manage. The points are based on the fact that, after a while they are going to be appreciating business ventures for your retirement.

1. Annuity

Annuity is a plan whereby an insurance company in exchange for purchase price enters into a contract to pay an agreed amount of money every year while the annuitant is still alive.

Annuitant- is the person on whose life the contract depends.

Annuity- is the amount of money paid to the annuitant.

The benefits of an annuity especially when used in connection with retirement provision is that it would ensure that the retiree has an income for a convenient number of years. The best type of annuity is deferred annuity because it gives you life time benefits.

1. Bonds

A bond is a loan to either a government or a corporation, whereby the borrower agrees to pay a fixed sum of interest usually semi-annually, until your investment in full. Treasury bonds are secure, medium to long-term investments that typically offer you instant payment every six months throughout the bond maturity. Treasury bonds have a fixed rate meaning that the interest rate determined at auction is locked in for the entire life of the bond. This makes treasury bonds predictable, long term source of income.

1. Exchange Traded Funds (ETFs)

Exchange listed fund is associate degree investment fund listed on stock exchanges a bit like stocks. An ETF holds assets such as stocks, oil future, foreign currency, commodities or bonds and generally operates with an arbitrage mechanism to keep its trading close to its net asset value, although deviations can occasionally occur. These assets are divided into shares where shareholders do not directly own or have direct claim to the investments in the fund.
ETF shareholders area unit entitled to a proportion of the profits like attained interest or dividends paid.

1. Stocks

In Kenya the main stock market is Nairobi Stock Exchange (NSE). A stock market is a place where public limited companies and other financial institutions, come to buy and sell bonds and other derivatives. NSE acts as a third-party broker and allows investors to buy and sell shares independently through share dealing platforms. You can directly and indirectly invest in stocks. Direct investment means that you buy shares from a company and become a shareholder while indirect means you invest in more than one company therefore spreading the risk. Indirect investment is done through an open-ended fund and the money is secure so that even the company defaults the money is still safe.

1. Mutual Funds

Mutual funds are some of the most overlooked yet probably the easiest way to invest much more than both stocks and bonds. A mutual fund is a pool of money, often from similar minded investors. You can sell your shares when and if you want. All shareholders of the fund have the benefit of the fund and share in any losses. There are five categories of mutual funds where you can choose the one which best suits you.

1. Real Estate

Real estate is a retirement investment plan you should never overlook. Landon said 'look for what's going to give you the most bang for your back'. Real estate as a front is a very lucrative opening. However, one must research the market and know the current and emerging trends in the sector. The location of the $64000 estate matters tons and will be selected . Some of the foremost locations will be close to universities, developing towns or big company sites. In any investment capital becomes the most organ to leap begin the investment. Research on different financial organizations and try to compare their payment and funding terms. You can still favor to become a true Estate monger. A real estate trader is one who buys property with the intention of holding them for a short period and sell to make a profit.

1. Pension Plan

Pension plan is a retirement plan that requires an employer to make contributions into a pool of funds aside for a worker's future benefit. The pool of funds is invested on the employee's behalf, and the earnings on the investment given to the worker upon retirement. In Kenya even self-employed workers can still contribute to the social security fund to help them when time comes.

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