Many retirees struggle with a common dilemma after receiving a retirement corpus: where should they invest their money? While fixed deposits offer safety, they may not generate returns that beat inflation over the long term. On the other hand, investing a large sum in equity markets can feel risky, especially for those who are no longer earning a regular income. Striking the right balance between growth, stability, and peace of mind becomes crucial during retirement.
One such query came from Vimal Mehta, a retired investor from Vadodara and viewer of The Money Show on ET Now, who is scared of investing in mutual funds and is now retired. He is looking to invest Rs 1 crore for almost five years and that is a lumpsum investment that he is looking at.
