Various Pension Investment Options – comparison

I get these questions a lot when I conduct the personal financial awareness session “How do I get the guaranteed income or pension after I retire for the rest of my life?”, The word here “Guaranteed” is important 🙂 There are various simple answers to this question: Buy long-term annuity options – You can purchase itContinue reading “Various Pension Investment Options – comparison”

Best Investment Options For Senior Citizens

Updates as of 31st March 2023 Reminder for Senior Citizens (60+) The limit of the Senior Citizen’s Savings Scheme (SCSS) has increased to Rs 30 lakh per senior citizen, from 1st April 2023. For an elderly 60+ couple, investing Rs 60 lakh is possible. Earlier, the limit was Rs 15 lakh per person. At theContinue reading “Best Investment Options For Senior Citizens”

All about RBI Floating Rates Saving Bonds 2020

Government of India has announced the launch of Floating Rate Savings Bonds, 2020 (Taxable) scheme commencing from July 01, 2020 to enable person resident in India/HUF to invest in a taxable bond. Government notification can be found here. Now let’s talk about whats in favor and whats make them not so good investment avenue for retail investors.Continue reading “All about RBI Floating Rates Saving Bonds 2020”