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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

5 min

Understanding the Risks of Senior Citizen FDs

According to financial experts, while senior citizen fixed deposits (FDs) are lauded for their safety and stable returns, many retirees overlook the subtler risks that can erode their savings over time. Understanding what are the risks of senior citizen FDs is crucial for making informed financial decisions in your golden years.

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3 min

Understanding What are the risks of the Senior Citizen Savings Scheme?

While the Senior Citizen Savings Scheme (SCSS) is a popular, government-backed fixed-income option for Indian retirees, it is not without drawbacks. A staggering risk for many seniors is the erosion of purchasing power due to inflation, which can significantly impact financial security during their golden years. This guide explores what are the risks of the Senior Citizen Savings Scheme to help you make an informed decision.

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5 min

Unveiling the Limitations: What are the disadvantages of the senior citizen scheme?

While government schemes offer appealing security, studies indicate that older adults can face significant financial challenges, from low incomes to vulnerability to exploitation. Understanding **what are the disadvantages of the senior citizen scheme** is vital for retirees to make informed decisions that truly protect their financial future.

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