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Those who have retired after 2014 have seen the interest income on their FDs shrink nearly 40%, making it difficult to live on the interest income from savings.
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Post-retirement planning is one of the key decisions that will determine your financial security as and when you grow old. But unlike the previous generation, we don’t have the luxury of monthly pensions post retirement. The first thing to keep in mind while planning your retirement is to calculate the monthly income required post service. […]
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Few investment options that offer a better return than bank FDs for senior citizen.
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New Delhi: Around 64% of seniors, aged 50 and above, want to continue working post-retirement for financial independence, mental peace, and to maintain a healthy lifestyle, according to a survey. Antara, a wholly-owned subsidiary of Max India Ltd, has surveyed to bring out insights on the lives, aspirations, preferences, opinions, and consumer behaviour traits of […]
