My relative is retiring after a long service. She will have 70 lakhs as retirement benefits. How should she invest it effectively considering all other aspects like risk, tax, income, etc.? Please give your guidance which will be of immense help to her. Thank you.
You may kindly go through the below articles, discuss with her and revert to me with more queries (if any);
- Retirement Planning in 3 Easy steps
- Lump sum Investment options for Retirees/Senior Citizens | Where to invest my Retiral benefits to get Regular Income?
- List of all Popular Investment Options in India – Features & Snapshot
Thanks for the immediately reply dear Sreekanth. I will forward all the above mentioned articles to her and discuss with her. In case of any further guidance I will revert to you. Thanks again. God bless you.