Sir, I would be getting Rs 90 lacks post retirement. I am 64 . How and where to invest please guide.
Ans: With a substantial amount post-retirement, consider a diversified investment approach. Allocate funds across low-risk options like fixed deposits, bonds, and senior citizen savings schemes for stability. Additionally, allocate a portion to equity mutual funds or index funds for potential growth. Consult with a financial advisor to tailor a plan based on your risk tolerance, financial goals, and income needs in retirement.