Pension planing

POSTED BY Kiron ON November 19, 2012 10:41 am ONE COMMENT

 

Dear Manish,

I am 55 yrs old NRI planing to settle back in India I want to invest lumpsum in a way that I get Rs 40 K monthly .I wish to get this income from 2014.

The options I have looked into is as follows :

1)Jeevan Akshay .

2)Bank NROFD with 9.50 % interest with Deutsche Bank.

What would be your advise as I do not want to take any risk at this stage.

Thanks &Kindest regards

Kiron

 

One reply on this article “Pension planing”

  1. Ramesh says:

    Go through this regarding your Riskfree options:

    http://www.subramoney.com/2011/05/types-of-risk/

    Also remember, you (or your spouse) may live till 80-90 years, which means 25-35 years more).

    What corpus do you have to provide for that income?40 Lakhs or 4 crores or 40 crores?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today