March 4, 2014 4:38 pm
I will be retiring in 7 years which pension scheme will be better for me without insurance or interest from FD is better option as I guess has the highest return.
thanx a lot ashal
Dear Jackie, no pension policy is good for you now as you do not have much time left for your investment to perform. Please invest on mly basis into debt fund. FD interest is taxable each year at your slab rate where as debt funds ‘ll be taxable only in the year of redemption so you can postpone your tax liability from debt MFs which is not possible from FD.
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