Retirement Planning: Secure Your Future with Top Passive Income Options

• Explore government-backed schemes like Senior Citizen Savings Scheme (SCSS) and Post Office Monthly Income Scheme for secure, fixed returns.
• Consider traditional Fixed Deposits (FDs) for reliable interest income, with flexible payout options.
• Utilize Systematic Withdrawal Plans (SWP) in Mutual Funds for market-linked regular income.
• Generate consistent income by renting out owned property.
• Passive income ensures financial independence and mental peace for seniors, covering expenses and fostering dignity.

Why It Matters: Passive income options like SCSS, POMIS, FDs, SWP, and rental income offer financial security post-retirement.