the salary stopped. the bills didn’t.
For retirees and pre-retirees who need monthly income that doesn’t run out, healthcare cover that doesn’t reject claims, and the calm of knowing the paperwork is in order. Plain language. Slow pace. We’re not in a rush.
six conversations we’ve had before.
These come up in nearly every Senior Citizens call. We’ve seen them. We have answers.
Monthly income
SCSS, RBI bonds, SWP from debt funds, dividend payouts. The right mix gives you a steady monthly cheque without eroding capital too fast.
Senior-citizen health
Most policies stop fresh-issue at 65 or have lifetime caps. We pick covers that accept up to 80, with no co-pay if possible, and good Mumbai hospital networks.
Inflation risk
A ₹50k/month in 2026 needs to be ₹90k/month in 2036 to feel the same. Pure FD ladders don’t handle this. We build a small equity sleeve that does.
Estate & succession
Will. Nominees on all accounts. Mutual fund consolidation under MFCentral. Digital asset list. The week of work that saves your family a year of court visits.
Existing portfolio review
Brought to us by family: 14 mutual funds across 9 AMCs, half forgotten. We clean it up. Consolidate. Stop the ones not working.
Avoiding the wrong product
You’ll be pitched ULIPs, traditional endowment, single-premium plans. We’ll tell you why most of these don’t suit you at this stage.
where we’d start.
The actual recommendations vary by what you have today. This is the general posture for someone in your situation.
mutual funds
Debt + hybrid for the bulk. Small equity sleeve for inflation. SWP for monthly income. Consolidation of old holdings under one view. explore mutual funds →
insurance
Senior-citizen health cover with high entry-age limits. Critical illness top-up. Personal accident cover for active retirees. explore insurance →
stocks
Generally limited to existing holdings. Annual review to trim and simplify. Direct equity rarely added at this stage. explore stocks →
beyond the basics. specifically for you.
monthly income that lasts
SWP from the right mix of debt + balanced funds. We size the withdrawal so the corpus lasts 30+ years even with inflation. Annual rebalance, no surprises.
will, nominees, MFCentral — the family binder
The most important deliverable at this stage. One folder, every account listed, every login your family can find. Plus the conversation with your kids that no one wants to start.
buyback windows on shares you already hold
Companies regularly offer to buy shares back above market price — with real deadlines. Our live BSE desk lists every open tender offer, so a window on your holdings never slips past unnoticed.
questions, answered.
If yours isn't here, ask Archita on the call. We answer in plain English.
The salary stopped. How do I generate monthly income?
Three sources, layered: (1) SCSS (Senior Citizens Savings Scheme) — ₹15L cap, ~8.2% currently, quarterly interest. (2) SWP from a balanced or debt mutual fund — withdraw a fixed amount monthly, remaining corpus stays invested. (3) Senior FDs at the better-paying banks. Together they replicate a salary that grows with inflation.
Is my SCSS amount enough? What if it runs out?
SCSS caps at ₹15L per person — so a couple can hold ₹30L. At 8.2% that's ₹2.46L/year combined interest. Useful as the "guaranteed" sleeve but not enough alone. The remaining corpus sits in SWP from balanced funds (~9% historical, withdrawn at 5-6% so corpus grows even as you withdraw).
My grandchild's education — should I invest separately?
Two options: (1) Gift to parent's name, they invest in their tax slab. (2) Open in grandchild's name (clubbing rules apply till age 18). Usually option 1 is cleaner. We use ELSS or balanced funds for 10-15 year horizons, debt funds for closer timelines. Don't lock everything in PPF — flexibility matters at this stage.
Health insurance — I have employer cover but I'm retiring soon. What now?
Buy personal senior health cover NOW, before retirement, while employer cover still bridges. Senior-specific plans (age 60+ entry) exist with shorter pre-existing waiting periods and higher sum-insured. We've mapped 6 senior-friendly insurers. Premium is high (₹40K-1.2L/year for ₹15L cover) but the alternative is uninsured at the age you need it most.
How do I make sure my money goes to the right people after me?
Two-track: (1) Will — covers all assets, names beneficiaries clearly. Register it for ₹50K+ value. (2) Nominations on bank accounts, MF folios, insurance policies — these are gatekeepers, not legal owners. Both must align. We coordinate with estate lawyers and verify all your existing nominations match your intent.
Should I sell my house and move into a smaller place?
Depends on three things: (1) Maintenance burden — is the big house draining cash + energy? (2) Liquidity — would the sale fund 15+ years of additional comfort? (3) Family use — will children want to inherit the property or the cash? We model both scenarios; the right answer is usually personal, not financial.
let’s talk about your situation.
A 15-minute call. We’ll tailor the plan to your exact stage and circumstances.
got it. archita will call you.
Usually within 12 minutes during Mumbai work hours.
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