To ensure a financially safe retirement life one needs to plan in advance. Old age is often called as “Golden Years” however without money there is nothing Golden about it.

Majority of Seniors in India have worked in the non-pension paying jobs hence for them the only way to survive is through their hard-earned savings.

There are many investment options and schemes available in India which are focused to give additional benefits to Senior Citizens. I have tried to document some of the schemes which could be evaluated by the Seniors.

Since I don’t have much financial domain knowledge or scheme specific details hence it is recommended to consult an investment advisor before investing.

The schemes which are shared have been collated from various websites of Banks, Post Office and others.

This information is only to give an overview about some of the investment schemes and is not a market comparison. The interest rates are subject to change hence before investing the new rates and terms should be understood.

Hope this effort is of help for the larger cause.

(The document can be downloaded here)
(The document can be downloaded here)

Pankaj Mehrotra