Senior citizens are risk-averse and, therefore, prefer investments that can provide guaranteed income options and returns. Here’s a list of small savings instruments they could choose from for getting guaranteed income in their retirement years
The sovereign gold bond is a guaranteed income instrument. The government has announced the issue dates of SGBs in two tranches in June and September this year
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Explore the benefits of employer-sponsored retirement plans, such as the Employee Provident Fund (EPF). Comparable to the widely known 401(k) plan in the US, eligible employers contribute to this retirement plan. Learn More.
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As part of its series on senior citizen profiles, Outlook Money, every week, features people’s life journeys to inspire and instruct others from their experiences. Here, we feature I.P. Mishra, an accountant on a job extension at a Kolkata-based tea company