Retirees should prioritize safety, certainty, and liquidity in investments. Shift from illiquid assets like property to bonds or FDs for stable returns. Explore tax-efficient options like tax-free bonds and SCSS. Avoid high-risk instruments, maintain an emergency fund, and ensure nominee details are updated. Enjoy post-retirement life without financial stress.
FIIs dump Indian stocks for 10th straight week as markets slide: Is the worst over or more pain ahead?
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at