Unfortunately in India we don’t have a very prominent social security scheme, which takes care of you in your retirement days by paying a steady pension. Over your entire work life you ideally have to save money to make sure your standard of living does not drop post retirement when your active income stops. The biggest requirement when you retire is to generate a regular income from the corpus accumulated till retirement, enough to meet your monthly living expenses considering inflation.
6 equity mutual funds offer over 25% CAGR in five years
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