8 Products Where Seniors Can Reinvest Their Retirement Corpus

Outlook Money

Senior Citizens Savings Scheme

SCSS offers dependable regular income through attractive interest rates.

Senior Citizens Savings Scheme

Savings Bank Account

These accounts are a good option for storing cash for short-term needs.

Savings Bank Account

Monthly Income Scheme

MIS is a government-backed savings scheme offering regular monthly income through interest on deposits.

Monthly Income Scheme

Annuities

Insurance companies offer annuities in various forms, like fixed annuities for a 15-20-year term or for life.

Annuities

RBI Floating Rate Savings Bonds

These bonds offer a flexible investment option with interest rates linked to prevailing market rates.

RBI Floating Rate Savings Bonds

Mutual Funds

Mutual funds offer a wide range of products to fit your investment needs, ranging from a few days to long-term products.

Mutual Funds

Real Estate

Investments in residential or commercial properties can generate rental income to supplement retirement earnings.

Real Estate

Gold ETFs

Investments in gold ETFs and physical gold can act as a hedge against inflation and economic uncertainty.

Complied By Avijit Gupta

Gold ETFs