While safety of the investment corpus remains the top priority, a senior citizen or a recently retired person should not ignore two important aspects—life expectancy and the impact of inflation. Post-retirement non-earning period can go up to 30 years as life expectancy in India is on the rise. If one takes a Voluntary Retirement Scheme (VRS) around age 50, nearly four decades of life are still ahead. While the VRS corpus is a substantial amount, one needs to keep the life expectancy factor in mind when investing this corpus.
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