Bonds Vs. Fixed Deposits: Where Should Senior Citizens Invest?
Senior citizens often prefer investing in bank fixed deposits when it comes to guaranteed income instruments. Bonds also offer guaranteed returns but are less popular. Learn more.
Senior citizens often prefer investing in bank fixed deposits when it comes to guaranteed income instruments. Bonds also offer guaranteed returns but are less popular. Learn more.
The National Pension System (NPS) is a retirement savings tool with tax benefits and various investment options; which one should you choose?
The common wisdom in investing is to align it with your financial goals. The type of investment normally depends on two things: investment horizon and risk appetite.
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
While Unit Linked Insurance Plans (ULIPs) are popular, senior citizens can explore alternative options that offer more convenient features
The availability of choices in the mutual fund universe make them highly attractive for senior citizens. But it is also important for the elderly to be aware of the risk involved in mutual fund investments
Equity mutual fund investments come with certain risks due to volatility in the stock market, and as such, investors should keep certain factors in mind before making an investment decision
A lot of elderly people are opting for assisted living these days. It is important to understand the various ways by which they can manage their finances wisely before deciding to move into a senior living community
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