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Retirement is an important time in anyones life to make sure that they have enough money
for their current needs. Amongst fixed investments and various other investments that may be
tied up, it is important to have liquidity for current emergencies. This is where money
market mutual funds and money market actual funds are beneficial to the retiree. You can
start accumulating these early in life and the account balances can be quite large. Many
times when the account balances get too large you can redeploy them into a larger fixed
asset. But, as you get closer to retirement you should pair some of those fixed assets
back into liquidity positions, and you can enjoy the peace of mind that they will offer
you in retirement. Having your money ready available in cash so that you can pursue your
dreams is always a great plan. This is Patrick Munro talking about the highest yielding,
liquidity money market accounts in retirement.