Even in the dusky season of retirement, when one is meant to finally relax having successfully shouldered the responsibilities of a lifetime, the elderly today have creases of concern on their faces, as they find interests rates for their investments falling. “Retirement has not been too exciting for me,” exclaims Anantharaman, who completed service two years ago. “I had planned for it to be special and I had put aside some money in fixed deposits (FDs). However, I had never imagined that the interest rates on our FD assets after retirement would be hit thus.” Well, they have been. And…
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