In India, most people retire between the ages of 58 and 65. Once retired however, people still need some sort of income to help them pay their bills and buy their staples. While most people invest some amount of money when they are still earning, the returns they get form these investments may not always be enough to get them through the rest of their days. Today, more and more emphasis is being put on investing as early as possible so that by the time a person has to retire they have more than enough money to survive. Fund houses are also starting schemes to help retired individuals with their finances.
