Are you planning for your retirement? Honestly, what will you be thinking about when you get to the age of 50, if not planning for retirement? For most, after 50 years they think very little about investing because they don’t have the energy or drive.

But there are several opportunities that you should consider when it comes to investing in your 50s. After all, these aren’t the days where you could wait and retire on your social security benefits alone. The cost of living is going up and doesn’t look like it will stop anytime soon.

Therefore, it is increasingly important to adequately plan for your financial future. The last thing you want to be worried about in your retirement is being tight on funds. So, what are these best investments for 50-year-olds and over?

Investments for people aged 50 years plus

Peer-To-Peer Lending

More and more people are borrowing to sustain their day-to-day lives. You can use this as an idea to start lending out cash to people who need it and earn interest from it when they pay. When you join peer-to-peer lending programs, you’ll have the ability to offer cash to fund other people’s businesses and get a profit when they pay up.

Most of the peer-to-peer lending programs come with high interest as well, so you’ll be making good money off them. This you can continue doing well into your retirement, hustle-free. Sites such as Upstart, Funding Circle, Prosper and Lending Club are some of the best that you can start with today.

Slashing Expenses

It isn’t what you were thinking of, but cutting your expenses can be a significant investment. At 50 years plus, your family has probably downsized to you and your partner. Why not move to a more cost-efficient house? All the other amenities that you needed before because of your children can now be downsized.

Also, if you can get a move to a less expensive town. You’ll have to cut down on costs such as house maintenance, transport, and even grocery shopping. Taxes too can be lower other towns making it easy and affordable for you to save.

Certificates of Deposit

What does your typical savings account bring in for you in terms of interest? Now, a certificate of deposit will bring in much more than your average account. Here, all you do is leave your money in the bank for a period specified on the certificate and then reap your rewards.

For this to work effectively, the longer the ‘stay’ period, the better, especially if you deposit a considerable amount. For example, if you deposit when you’re 50 years and have the period set to 20 years, you’re well placed for your retirement. The other thing you should know is that CDs carry penalties if you withdraw the amount before the set period elapses.


For some people, investing in your 50s looks like a waste of time. For most, they’d rather avoid and hope social security will be enough. But in truth, it never is. And, if you’re in your 50s, you can start investing like any other person and ensure your retirement runs smoothly. These are just some of the best investments for people who are 50+