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I am a retired government employee. I got around 50 lakhs as retirement corpus. How & where should I invest to get a regular monthly income?
I am a retired government employee. I got around 50 lakhs as retirement corpus. How & where should I invest to get a regular monthly income?
Great question! There are several options for investing to get a regular monthly income. One option is to invest in fixed deposit schemes offered by banks. Another option is to invest in government schemes such as Post Office Monthly Income Scheme or Senior Citizen Savings Scheme. Have you considered these options?