Mutual funds are the best options if your looking for a fixed income during your retirement days.Various options are available like equity, debt, liquid, MIPS.
The best option is the equity option that provides you best returns over a 15 year period.The averaging option in equity funds also gives you better returns over a longer duration.
Debt funds, Liquid & MIP also offer stable and good returns if invested for a longer term.The fund manager makes the decisions and invests your money in the right stocks.Unlike direct equity wherein you have to keep a track on the performance, mutual funds only require minimum intervention.
Rebalance your portfolio only wherein it is a laggard over a 5 year period, otherwise do not withdraw unless for emergency purposes.
The mutual funds can be redeemed at a very short notice period unlike Real estate or land.
Mutual funds are the best route to retirement! Invest today!