Which two investment options would be best if you are 45 years old, just starting to save, and want to retire when you are 65? consider the kind of investment, rate of return, level of risk, and other factors.

this is an open essay question, but here are some investment types to consider: certificate of deposit; individual retirement account; money market account; stocks; bonds; mutual funds; futures; traditional bank account.

you don't have to go in detail, i have background information on all the investment types already, i just need picking the two most relevant for this question.

As you are starting at 45 years until 65 years, meaning you got only 20 years. So, the best investment options I recommend are,

Explanation:

First of all, in terms of investing, 20 year time span is NOT that beneficial or wise! Because as you know, to gain the true effect of compounding, it is always better to start early and go on for about 30 or 40 years, even 50! Google about "Warren Buffet"!

However, in this case, the 3 options mentioned above are much better. But I'm not saying others are bad.

Certificate of deposits, Bonds and Mutual funds are relatively less riskier and does not fluctuate much with the market.

Moreover, the interest  yields are preferably higher.

Given that the interest rate remains relatively at a higher lever, these 3 options will pay of a decent contribution through compounding over the course of 20 years.