Investment: No one will tell you about these investments! Which 6 safe investments will give you a lot of money after retirement?

If you prefer to stay away from the fluctuations of the stock market and are looking for a safe investment, and also want a tension-free life after retirement, then National Pension System (NPS), debt funds, and government-backed pension schemes can prove to be the best option for you. Everyone wants to be financially strong in life after retirement, so timely planning is necessary for this.

Yes, in this era of inflation and medical expenses, it can be difficult to live only on a pension or family support. So, in such a situation, it is wise to choose a safe investment plan, which will make your old age free from bondage. So, know about these 6 low-risk smart investment options, which can guarantee a pension every month.

1-National Pension System and Atal Pension Yojana

You can trust the government scheme. Yes, government schemes like National Pension System (NPS) and Atal Pension Yojana (APY) can not only be a safe option, but they also provide the benefit of tax exemption. By investing in NPS, you can withdraw 60% of the amount in a lump sum after retirement, and the remaining 40% provides a regular pension. On attaining the age of 60 years in Atal Pension, the subscriber will receive a fixed pension amount of Rs 1,000 to Rs 5,000 per month.

2- Mutual Funds

Investors should choose debt-oriented pension funds for retirement. Yes, there are also mutual funds in the market that invest mainly in government bonds and fixed income instruments. These are less risky than equity funds and are better for investors who want stable returns.

3- Risky funds
The sooner you start investing, the more benefits you will get. However, if you start investing early in low-risk funds, you will get more benefits of compounding. Regular investments through SIP maintain financial discipline, and retirement funds can be prepared automatically over time.

4- Options like PPF
If you are preparing funds for the future, always keep in mind that instead of investing in one place, you should divide your retirement funds into NPS, PPF, and other low-risk schemes. If you do this, it will not only reduce the risk but can also give good returns.

5- Re-balancing
Even if you have chosen a safe investment option for retirement, still review your investments once a year. Re-balancing can keep the investment according to your age, needs, and risk profile.

6-Take advice from a financial expert
If you are unable to decide where to invest for retirement or how much money to start with, then consult a certified financial planner, who can make the right plan according to your income and goals. (Note: This article is for information only and should not be considered as investment advice in any way; it is suggested to consult financial advisors for investment)

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