Early retirement options REVEALED! Check out 7 best investment plans

Here are 7 options you can consider while preparing for your sunset years.

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Long Term Government Bonds

Suitable for risk-averse investors, these bonds pay set monthly interest payments for up to 40 years.

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Corporate Deposits

Offered by NBFCs and HFCs, they may give greater returns but need a thorough assessment of the company's financial stability.

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Post Office Monthly Income Scheme (POMIS)

Offers a 7.4% annual return, with investment limits of Rs. 4,50,000 for individuals and Rs. 9,00,000 for combined accounts.

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Monthly Income Plans (MIPs)

Monthly Income Plans (MIPs) are mutual funds that invest largely in fixed-income assets, with a portion in equities to seek greater returns, but with considerable risk.

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Pradhan Mantri Vaya Vandana Yojana (PMVVY)

The Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a government pension system providing a 4% yearly return to older individuals.

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Life Insurance Plus Savings Plans

Life Insurance Plus Savings Plans - These plans combine life insurance and savings to provide a guaranteed income at maturity.

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Systematic Withdrawal Plans (SWP)

Allow for regular withdrawals from mutual fund assets, resulting in a consistent income while staying invested.

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