New Delhi, May 6 -- Are you retiring in 2026? Or are you a senior citizen who is looking to reconstruct your financial planning through retirement? Then, what you must acknowledge is that retirement planning in 2026 is less about accumulating wealth. It is more about converting that wealth into a predictable, easy-going, stable income stream.

You must ensure that, with your accumulated capital over the years, you can generate an income that is completely sustainable and free from market volatility. This is because, for many senior citizens in India, taking into account the current inflation, a practical benchmark is to generate around Rs.50,000 per month. This translates to about Rs.6 lakh per year.

The basic idea is to keep the primary...