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Guaranteed Returns Investments

Liquid funds are not ideal post-retirement investments. Consider SCSS or a post office MIP…

I am retiring in about a year and would like to invest for regular income. Should I invest in liquid funds?
-Alok Jain

Liquid funds are not the best way to invest for regular income that you will be depending on after retirement. Liquid funds may look attractive today, but the returns they generate may not be sustainable in the times to come. For post-retirement investments, you should target fixed income investments that give guaranteed returns. The first thing you should do is consider the Senior Citizens Savings Scheme, where you can invest up to Rs 15 lakh and earn returns of 9 per cent. You can also consider a post office MIP. There are the two best options for guaranteed returns over a long period of time.<./p>

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