Q. I plan to retire next year at 57 years. I will have a corpus of ₹3 crore, which is presently in equity ₹1 crore, and debt ₹2 crore. I have my own home with no loans. I also have a floater medical insurance of ₹10 lakh outside my company medical cover. I expect a monthly expense of ₹80,000, post retirement. Please suggest how I should deploy my corpus to generate this income in a tax-efficient manner. Please also consider whether tax saving bonds, which presently is giving a return of 6.60% (secondary market — NSE), is a good option.
from The Hindu - Business https://ift.tt/2XizJPi
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