Everybody wants a secured income on his investments few people invest in Financial instruments and few in Reals estate to generate smooth and definite income after retirement.
Below are few methods of generating smooth and definite income:-
1.Financial Instruments:-
Fixed Deposit in Banks:-
This is most secured way of investing and in India Most Middle class family invest in FD'S as they offer a fixed return after a fixed tenure. People get anywhere between 6-9% on Fixed deposits. Always invest in FD'S of Banks not in corporate. As corporate also offer FD'S but there is some risk associated with these kind of FD'S. They also offer high return on your investment but some risk is always present in these kind of FD'S.
Mutual Funds which Invest in Debt Instruments:-
These type of Mutual funds invest in Govt. securities and always remains on safer side. These type of Mutual funds give dividend payout options like weekly, monthly or quarterly. Debt mutual funds can be differentiated into liquid funds, short-term debt funds, gilt funds and income funds. One should not Invest all his income in Mutual funds only small portion to be invested in mutual funds.
Post office Schemes:-
There are so many Post office Schemes available in the Market. They offer fixed return on your investment as in case of FD'S. They also offer Monthly income plans with tenure of 5 years.
Government Securities:-
Debt Government securities,Zero Coupon bonds ,Partly Paid Stock, Floating Rate Bonds,Capital indexed Bonds these are the various govt. securities available in the Market details of securities are available at the link:
http://pnbgilts.com/sublinks/g1.html
2. Buying a Real Estate:-
This is most preferred and gives high return on Investment. But for investing in these huge amount of investment is required. This is most preferred investment but everybody can't afford this type of investment.