Forex trading involves the purchase and sale of different currencies. Sometimes, people may refer to it as FX trading or currency exchange. The value of a particular country’s currency varies with another in terms of value.

Since retired people can no longer earn a regular income, they have to make their retirement funds earn an income for them. The most important thing for seniors is to keep tax liabilities to the minimum while creating a steady stream of income. Their goal is to make their retirement funds last as long as they live.