I am on the threshold of retirement and I would be getting my PF savings. Where should I invest to get regular income while ensuring highest levels of safety for my capital. I am willing for a lower return for capital protection?
Since your primary concern is highest level of safety and also that you are okay with lower returns then, we think you should invest in traditional savings schemes like postal MIP, Senior citizen scheme and bank fixed deposits.
We have done couple of articles in this context which you will find useful -
https://www.advisorkhoj.com/articles/Retirement-Planning...
https://www.advisorkhoj.com/articles/Retirement-Planning...
Other than the above, you can also look for investing in debt funds and withdraw through SWP mode. Please check this -
https://www.advisorkhoj.com/mutual-funds-research...
https://www.advisorkhoj.com/co...
https://www.advisorkhoj.com/co...
Hope the above helps! Thanks for writing to us.
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