Out of the four accepted stages of life: childhood, adolescence, adulthood, and old age - old age is the most commonly neglected phase of life. People plan for almost every aspect of life, at least for which financial planning is required - they plan for their married life and for the life following it, but when it comes to planning for retirement, they turn a blind eye towards the necessity.


It’s not entirely your fault, we have inherited this habit from our ancestors - Indians depend on their children to care for their needs during the golden days. The problem occurs when the children grow up and don’t do as expected. Therefore, it would be wise to develop a post-retirement investment portfolio and secure your retirement. Read the article to find out how to build an investment portfolio for your retirement.

  • Fixed deposit for all the major needs

The FD should be on top and should cover a major part of your investment portfolio. Not because the same is the safest alternative, also because of the major changes announced in the budget 2018 in terms of taxation for senior citizen fd.


By investing in senior citizen fd, you can obtain interest income up to Rs 50, 000 without TDS deduction.

  • Real estate for inevitable financial crisis

Secondly, it is a must for all elderlies to have at least on the high-priced real estate asset to use as collateral for the loan, or that could be sold to obtain money in case of any big financial issue.


  • Health and family insurance just in case.

Last but not the least, an efficient health insurance and a life insurance plan must be in place to provide financial cover to your spouse in the light of your death.