Here are five best investment avenues that senior citizens can consider for creating a regular flow of income
Don’t ignore inflation while working out the corpus as you might run out of funds post-retirement if inflation is not factored in
Retirement planning is crucial for everyone in a country like India which has a very weak social security net
Experts suggest people should view NPS as a long-term investment option
Through the NPS account, one can prepare a retirement corpus for the future. Interestingly, this account can be opened with a minimum contribution of
A portfolio of well-chosen debt funds (if held in a strategic manner) is likely to beat deposits when it comes to tax-efficient returns
One common mistake during retirement planning is using your retirement corpus for funding other expenses
During 2020-21, the Employees' Provident Fund Organisation (EPFO) added 77.08 lakh new members. In the year-ago period, it was at 78.58 lakh
Senior citizens can time and align their FDs with the varying tenures offered by the bank and encash them accordingly.
In these uncertain times, guaranteed return schemes should be the first choice to invest retirement money.