Sometimes small, regular investments can help achieve big financial goals in the long term. This is the third article of our series on profiles of seniors living.

Many people do not have enough to retire financially. Even when they have, life is still not comfortable because of a lack of financial literacy. So, how to secure old age?

There are three aspects of personal finance that senior citizens must keep in mind. They are, how to invest, how to manage risk, and how to plan to meet expenses

Managing finances efficiently during retirement is critical to avoid financial distress. So judicious use of money, health, and insurance should be your top priority

Failing to plan is planning to fail. But sometimes, despite our best effort and a well-laid plan, things go astray, and we miss the target. In the case of retirement corpus, this is often the case

After we retire from active professional life, like a job, business, or professional services, the regular cash flow is no more a recurrent event. It stops in most cases

Having knowledge about the various schemes meant for the senior citizens can greatly benefit the seniors in terms of financial stability after their retirement. The government has also implemented a range of schemes specifically designed to provide regular income and support healthcare needs for senior citizens

When we retire from active professional life, our main concerns are twofold; preserve the corpus that we accumulated for retirement, and get decent returns on it

Investing your retirement corpus of Rs 1 crore needs better planning than when you are working, as the risk-taking capacity exhausts after you retire and you do not have an income source

A big provident fund payout offers different challenges, even though it is a good challenge to have. The challenge is to divide the payout for different purposes after your retirement