Money Guru: How To Manage Expenses After Retirement? Know Experts' Opinion
Zee Business Video Team | Updated: November 9, 2022 08:13 PM IST
Rs 50,000 income on retirement is correct as of today. By the age of 70, Rs 1 lakh/month income will be required. At 7% inflation rate, Rs 70,000 income will be needed for 65 years. Investing in debt is safe, not inflation-beating. Equity investment is good for 20 years post retirement. Put the amount deposited on retirement in equity along with debt: Hemant Rustagi, CEO, WiseInvest Pvt Ltd and Anil Chopra, Group Director, Financial Well-being, Bajaj Capital.
