User: What are the pros and cons of different types of retirement investments?
Assistant: Pros of different types of retirement investments include: - Low risk investment options such as certificates of deposit and conservative mutual funds that protect principal investments while providing modest returns.- Higher return investments such as stocks, bonds, and other marketable securities that can generate more substantial returns over time. - Real estate offers a hedge against inflation and the potential for long-term capital appreciation. - Reverse mortgages can provide a steady stream of supplemental retirement income. Cons of different types of retirement investments include: - Lower return investments require a longer period of time to accumulate a meaningful amount of retirement savings. - Higher return investments come with a greater risk of loss. - Real estate investments require a significant amount of capital and carry their own set of risks and potential liability. - Reverse mortgages may come with high upfront costs and require the borrower to maintain homeowners insurance.