Managing Retirement Corpus Efficiently

In the previous edition, your special story highlighted the importance of managing the retirement corpus efficiently. But can a senior citizen enter equity markets with the same zeal in the later stages of life? - Vrunda Sabnis 

Editor Responds : Thank you for writing to us. Entering the equity markets as a senior citizen is a decision that should be carefully considered, taking into account various factors. While there is no strict age limit or rule that dictates when someone can or cannot invest in the stock market, it's important to approach investing with caution and a realistic assessment of one's financial goals and risk tolerance. Consider a balanced approach. A portfolio that includes a mix of equities, bonds, and other assets can help manage risk while potentially providing some exposure to the stock market. Also, consulting with a financial advisor or investment professional who understands your personal situation can be invaluable. They can help tailor an investment strategy to your specific needs and risk tolerance.