Ensuring a steady income stream, safeguarding against inflation, and creating long-term value are primary concerns for retirees. In this context, real estate stands out as a powerful asset that provides not only consistent returns but also long-term appreciation, making it an essential addition to any post-retirement portfolio.
In India, traditional savings instruments such as Fixed Deposits (FDs) have been a popular choice for decades. However, given the current FD interest rates of around 5-6% and inflation averaging between 6-7%, FDs barely keep up with rising costs, leading to a loss of real purchasing power over time.
This story is from the November 17, 2024 edition of The Free Press Journal.
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This story is from the November 17, 2024 edition of The Free Press Journal.
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