New Delhi, June 1 -- Retirement planning has always revolved around traditional fixed deposits (FDs). They are simple, straightforward, predictable, easy to lock and safe. Still, in today's rapidly evolving economic environment of rising inflation and taxation, safety alone can no longer suffice for a peaceful retirement.

To propel growth and value addition in their portfolios, retirees now need a strategy that can also protect purchasing power, foster security and improve post-tax efficiency. Let us see whether FDs are enough and how we can plan investments with them and other associated products to create a smarter, tax-aware retirement income strategy in an inflationary world, drawing on insights from market experts.

FDs remain the d...