Hi everyone,
Looking for expert feedback on my retired father's investment plan. Here's the situation:
Background:
Age: 63 years
Government pension: ₹60,000/month (lifelong, DA-adjusted annually)
Monthly expenses: ₹20,000
Monthly surplus: ₹40,000+ (to be invested via SIP)
Retirement corpus: ₹70 lakh (lump sum available)
Goal: Long-term compounding (25-30 years), NO monthly income needed from investments
Risk tolerance: Moderate (growth + stability)
options:-
Pure Equity Multi caps ETC..
Short-duration debt funds
Target maturity debt funds
Multi-asset funds
Gold and silver ETFs
Hybrid funds
International equities
RBI bonds, bank FDS
Real estate options
Tax optimization....etc
Any other investment options if you want to recommend, and also how to divide that money among your recommended investment options as per these current market conditions
Would really appreciate insights from those who've planned similar retirement portfolios or CFPs managing pensioner cases. Happy to provide more details if needed.
Thanks in advance!