Retirement Plan: Where should you invest ₹50 lakh after retirement? Instead of relying solely on FDs, adopt this smart formula..

A retirement fund of ₹50 lakh may sound substantial, but the real challenge lies in making it last and generating a steady monthly income. Experts believe that instead of parking the entire amount in a single avenue, it is wiser to diversify investments across different options.

Where should you invest ₹50 lakh after retirement?
A combination of three major options—Fixed Deposits (FD), the Senior Citizen Savings Scheme (SCSS), and Mutual Funds—is considered the best strategy for generating regular post-retirement income. This model strikes a balance between safety, steady income, and growth.

Senior Citizen Savings Scheme (SCSS)