Mr. Arun has retired from his Govt. Job. He wants a part of his savings to invest in some company. He want a fixed and regular income without any risks. i) Name the type of shares in which he should invest. ii) State 2 merits & 2-demerits of the type of shares
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Retirement means the end of earning period for many, unless one chooses to work as a consultant. For retirees, making the best use of their retirement corpus that would help keep tax liability at bay and provide a regular stream of income is of prime importance. Building a retirement portfolio with a mix of fixed income and market-linked investments remains a big challenge for many retirees. The challenge is not to outlive the retirement funds – one retires at 58 or 60, while the life expectancy .
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