Investment options for the retired: #3 Bank fixed deposits
Saturday, June 3, 2017, 6:31 PM
A bank fixed deposits (FD) is another popular choice with the retirees. The safety and fixed returns go well with the retirees, and the ease of operation makes it a reliable avenue. Bank deposits provide flexibility in terms of tenure. Therefore, instead of locking funds for a particular duration, an investor may spread the amount across different maturities through 'laddering'.