News From Press How should a 60-yr old invest Rs 30 lakh? Ideal options for senior citizens

How should a 60-yr old invest Rs 30 lakh? Ideal options for senior citizens

Source: Business Standard Mar 6, 2024

Generating a regular income from an accumulated corpus can help lead a comfortable post-retirement life. Since it is all they have, senior citizens usually prefer the conservative route. They also prefer their investments to be liquid enough for use in an emergency. So how and where should retirees invest?
Calculate actual need:

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