Investment plan on retirement has to be made very cautiously. One should keep in mind that all resources hitherto enjoyed are going to be dried up after retirement and survival would totally depend on the fruits that your investment would bear in the future. Remember that the sellers of different schemes have their own strategies to attract customers. One should do ones own exercise in the field to learn how much would be the requirement per month/year after retirement. It is better to join any systematic investment plan (SIP) while you are earning. As a wise man will never put all his eggs in one basket, the investment should be wisely distributed among various instruments, like Bank Deposits, Company Deposits, Bonds, Shares, Mutual Funds, Real Estate and surely the precious metals.

To conclude, a diversified investment plan is a sure and secure way for achieving your target. One should also consider how much risks he can undertake. The portfolio should be adjusted in a such ratio as to suit ones own appetite. Understand that more the risk is, the more chances of profit are. That is the reason why I suggest, one should diversify his portfolio. There is no meaning in keeping every thing secure without any profit. Another important aspect of this type of investment is that, ratio of secure and insecure portfolio should be reviewed as age grows. In the initial period of investment one can bear more risks but gradually the element of risk should be reduced to reach zero level at the end.

One should separate his investment plan from speculation. The investment plan mixed with speculation would totally upset it and the very purpose for which you invest may not be met finally. There are ups and down for speculators and you cannot envisage such an uncertainty to your targeted plan.