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How Fixed Deposit Strategy Should Differ by Age and Financial Goal

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Fixed deposits can serve different purposes depending on an investor's age and financial objectives. Rather than consolidating funds into a single deposit, families are advised to spread money across multiple FDs. Each deposit can be linked to a specific financial goal, making planning more structured and efficient. This approach allows both younger investors and senior citizens to tailor their FD usage according to their individual needs.

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How Fixed Deposit Strategy Should Differ by Age and Financial Goal · ShortSingh