Passive Income in Retirement
Background
Passive income is money you earn with little active work—ideal for retirement when you no longer draw a salary. It comes from assets such as property, investments and financial products.
Explanation
Common passive income sources include rent from property, interest from FDs and bonds, SWPs from mutual funds, annuity payouts and dividends. No income is completely effortless—you must still monitor risk—but building multiple modest streams reduces dependence on any single source.
Example
A retiree might receive ₹25,000 from pension, ₹20,000 via SWPs, ₹15,000 as interest and ₹10,000 from rent each month, together comfortably covering living costs with room for inflation increases.
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