This course aims to provide retirees with basic knowledge about investing, helping them manage their finances wisely to ensure a secure and comfortable retirement.
The course covers fundamental investment principles, different types of investment vehicles, and strategies for managing investment risks. It provides practical advice on planning for retirement needs.
Target Group
Retirees interested in managing their finances and investments during retirement, individuals approaching retirement who want to learn about investment basics, or anyone interested in personal finance.
Goals
Understand the basic principles of investing and the role of investing in retirement planning.
Learn about different types of investments such as stocks, bonds, and mutual funds.
Gain knowledge about the risk and return characteristics of various investments.
Understand the concept of diversification and its importance in managing investment risk.
Develop a basic retirement investment plan tailored to personal needs and risk tolerance.
Learn about the tax implications of different investments and retirement accounts.
Target Competencies
Financial literacy.
Risk assessment and management.
Strategic planning.
Decision-making.
Outlines
Introduction to Investing
The importance of investing in retirement planning.
The basic principles of investing: risk, return, and compounding.
Overview of different types of investments.
Investing in Stocks, Bonds, and Mutual Funds
Introduction to stocks and the stock market.
Understanding bonds and fixed-income investing.
The role of mutual funds in a retirement portfolio.
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