4 Investment Avenues After Retirement: Know Their Salient Features And Suitability
These investment avenues are relatively of low duration and allow investors to diversify their portfolios with different maturities and the rate of returns.
These investment avenues are relatively of low duration and allow investors to diversify their portfolios with different maturities and the rate of returns.
Portfolio diversification will help investors reach their financial goals with minimal risk; here are some investment options that senior citizens can explore after retirement.
Post Office Monthly Income Account (POMIS) is a risk-free investment scheme that provides guaranteed monthly interest income. Should senior citizens consider POMIS? Learn more
Small saving schemes not only help in inculcating the practice of savings but also help in getting regular cash flow post-retirement. So, it's important to choose the right one in sync with your financial goals
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?
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
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
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