Hi Everyone,
My father in law passed away in 2010. Now my mother-in-law has inherited his assets which include money for PF and some other sources.
My question here is regarding the cash that she has in hand. How can that money be invested so that she gets a regular stream of money over her life time. She is 54 years old.
The investment options that i know of are
- Doing FD
- Take Post Office scheme
Any help in this regard would be highly appreciated.