FD vs Bonds: How a retiree with ₹30 lakh can generate Rs. 20,000 monthly income
The table shows why bonds can be useful for retirement income. At 6.8 percent, Mr Sharma would need around ₹35.3 lakh in FDs to generate ₹20,000 per month before tax. But with a AAA and AA bond portfolio yielding 8 percent, he can generate the same income with ₹30 lakh. This leaves ₹20 lakh available…
