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Project Description : While one witnesses an increase in the number of the aged and insufficient accumulations for old age, the traditional, informal methods for income security, such as the joint family system in India, are increasingly unable to cope with the enhanced life span and medical costs during old age. There is growing stress in the family system and there is an immediate need for introduction of formal, contributory pension arrangements which can supplement informal systems. There is always some element of uncertainty in investing but when the money at stake represents a life time of savings or lump sum pension payment, money that is crucial for retirement and cannot be recaptured taking undue risk may spell disaster. In this context, the researcher has undertaken this study on the topic - Senior citizen investment portfolio , a case study
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