Seniors usually prefer high liquidity and safety when choosing investment instruments. While some like to invest in bank FDs and liquid funds, others prefer a sweep-in facility in savings accounts. Sweep-in may look like regular FDs, but there are conditions attached to them that can significantly bring down their return on investment
A life certificate must be submitted annually by November 30; failure to do so will result in a stoppage of pension payments until the certificate is submitted. However, it is also important that there is no mismatch in details, leading to rejection of the life certificate
Many seniors often find themselves lost during their retirement phase because of too much free time at hand and little work to do. That’s why it's important to plan one's retirement phase, both financially and through meaningful engagement for mental and physical well-being
Gen Z has remained in the news over the last few months for several reasons, and their retirement planning definitely wasn’t one of them! Many Gen Z people often take micro-retirement breaks, unlike previous generations, who used to wait until the end of working life to step into retirement. Here’s why they should be worried about such practices
Seniors usually prefer high liquidity and safety when choosing investment instruments. While some like to invest in bank FDs and liquid funds, others prefer a sweep-in facility in savings accounts. Sweep-in may look like regular FDs, but there are conditions attached to them that can significantly bring down their return on investment
Many seniors often find themselves lost during their retirement phase because of too much free time at hand and little work to do. That’s why it's important to plan one's retirement phase, both financially and through meaningful engagement for mental and physical well-being
Rajagopalan, 70, retired a few years back after working in India and abroad. Upon retirement in 2020, he settled in Chennai, where he is redefining himself by taking up a homemaker’s role and pursuing his interests
