How to make a steady income from your retirement corpus

What is the best approach for retirees to derive a regular income that safeguards their savings and adjusts for inflation? There's no one-size-fits-all answer. It depends on your income needs, risk tolerance, and the size of your retirement corpus. Broadly, your corpus should be invested in a manner that it can beat inflation as well as help you derive meaningful returns continually. You can follow asset allocation with at least 30-35 per cent in equity. And make sure that your annual withdrawal

This article was originally published on September 27, 2024.