Retirement Account For Elders

[johnny bravo]

Hi Bhayya's,

 

Ma Aunty recent ga retire ayyaru, vochi 30lkh money tho house kondam anukuntunaru (decision can change because of house price) presently placed in hyd, so mostly akkade kontaru iete ee time being maybe for long duration time lo money ekkada save cheste baguntadi? valla lyf saving anduke ee post vestuna. 

 

Few clarifications -

Senior citizens vallaki vochi pension money mida tax kaatla?

senior kabbati emina high interest accounts vunnaya? meku telsina vallu maybe mee retired parents ela invest chesaru. pls share

 

Last time ikkada oka post lo something about senior citizens account with 9% yields with no tax annaru, koncham alantivi vunte cheppandi it would be of g8 help.

 

iitlu,

User

[Bhalegunde]

bank savings/fds lo seniors ki 1% extra vasthundi

income tax is income tax..aa income pension gaa vasthonda leka kooli pani cheste vasthondaa anedi point kaadu.. if u fall in the bracket you pay for it.

idi crucial time for them..dabbulu dobbesevaallu ippude diguthaaru

bank lo fd vesukomanu until they decide what to di..short term vaallaki veellaki ivvoddani cheppu

importantly..relax and enjoy the retirement..stop worrying abt investing at this age too

[johnny bravo]

bank savings/fds lo seniors ki 1% extra vasthundi

income tax is income tax..aa income pension gaa vasthonda leka kooli pani cheste vasthondaa anedi point kaadu.. if u fall in the bracket you pay for it.

idi crucial time for them..dabbulu dobbesevaallu ippude diguthaaru

bank lo fd vesukomanu until they decide what to di..short term vaallaki veellaki ivvoddani cheppu

importantly..relax and enjoy the retirement..stop worrying abt investing at this age too

Thanks bhayya, ill definitely let them know. Appulu kosam appude batch ready avutunaru anduke jaldi react avudam ani.

[johnny bravo]

ltt

[johnny bravo]

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