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A lumpsum is not a paycheck: What Indians get wrong after retirement

Source: Business Today

Building a large retirement corpus is only half the job; retirees also need to ensure those savings generate a steady income after they stop working. Annuities can help convert a lump sum or accumulated savings into a regular income stream during retirement.

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This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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