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Old 4th January 2010, 16:54   #1
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Default Best investment for retirement

I have so far not looked at the retirement aspect of things with zero investment so far ( I've been careless) and I now feel its high time I did that. I am aware of various retirement funds offered by banks but want to know which would be the best in the long term.

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Old 4th January 2010, 17:02   #2
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You will leave your retirement to a bank fund?

Let a good MF do the earning - and you manage the withdrawls and hence the income streams.

no?
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Old 4th January 2010, 17:39   #3
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Quote:
Originally Posted by phamilyman View Post
You will leave your retirement to a bank fund?

Let a good MF do the earning - and you manage the withdrawls and hence the income streams.

no?
Well, but I am not market savvy...
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Old 4th January 2010, 17:48   #4
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You need to consider a qualified financial advisor. Only he can recommend you an retirement investment plan based on your age, income, familiy, liabilities, loans and so on.

You can make a start by investing in PPF and NPS (national pension scheme).
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Old 4th January 2010, 22:35   #5
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In addition , I think you should open a DEMAT Account and Start a long term SIP with a Good MF house ( choose a diversified Fund) based on your risk acumen. Do check various websites available to help you in decision.
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