Your money questions – We are pensioners, so where can we get a return on €30,000 over four years?

Plus, how long does it take for my health insurance upgrade to kick in?

As you age, preserving capital is more important than chasing returns. Photo: Getty

Q My wife and I are pensioners with a combined income of €38,000 a year. I am 83-years-old and my wife is aged 76. We have €40,000 saved.

Where can I invest €30,000 of the €40,000 to get the best return over four years? We save €1,000 a month out of our joint income. I still pay income tax of approximately €1,500 a year.

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