Retirement Ready? 5 Schemes for a Steady Monthly Income Post-Work

• Explore 5 schemes offering regular monthly income for financial independence after retirement.
• Atal Pension Yojana (APY) provides fixed monthly pensions (Rs 1,000-5,000) for low-income earners, government-backed and guaranteed.
• National Pension System (NPS) is a market-linked scheme for ages 18-70, offering potential for higher returns but subject to market fluctuations.
• Systematic Withdrawal Plan (SWP) allows regular withdrawals from mutual funds, offering flexibility but market-dependent returns.
• Employees’ Pension Scheme (EPS) for salaried employees and Post Office Monthly Income Scheme (POMIS) with guaranteed 7.4% interest offer secure options.