X - invest in a bank. This is a more reliable and less risky tool for saving and increasing money for a pensioner
Y - can buy securities of the most profitable companies or currency. A mature specialist has nothing to fear, since in his case you can find a job, making up for losses from investments
Z - in this case, you can also invest in a bank, or buy bonds of the most profitable companies (this is more reliable, since you can save and increase capital. In addition, there are dependents). A deposit and investment in bonds can bring considerable income in the future
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