what's good investment for retired(VRS) person
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My mother retired via VRS so please suggest best way to park money..
someone suggested me Post office scheme, Senior Citizen Savings Scheme (SCSS). is it good? or are there any other options?
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There are many options for investment.
It depends on many things 1.risk taking capacity 2. duration of investments 3.Amount in hand
buy plot/apartment is also good investment
Mtnl?
Senior Citizen’s Savings Scheme (SCSS) and Pradhan Mantri Vaya Vandana Yojana (PMVVY) are two schemes which are good options for senior citizens. Both has a limit of 15L.
If they are comfortable with some risk then invest 80% in above schemes and 20% in MF.
Pls can u give some link or document to read more about it.
Yes bsnl
And also why are u thinking for SCSS as all employees retired under VRS are aged less than 60 and more than 50. And this scheme is for individuals aged over 60. Am I missing something here?
nps me daal bhai tier 1 me
Bank Fds, Mutual funds or SCSS can be good options.
Bsnl??