PPF pays around 8.5% only.
Yes, but it PAYS!!
1) PPF - a conservative approach! Secured investment to get 8-10% or even more when market moves up favorably (Govt decision). Do not worry about inflation rate. You need part of your retirement money to be safe - at least!
2) MF - Medium risk - As we increased the risk, the returns we expect 15-20%.
3) Equity - High risk - Again as the risk is increased, the returns we expect 20-30%.
Combination of these three investments makes a reasonable retirement plan according to me!
As of now no retirement plan (or for that matter any plan) is in the interest of investor.
Not much knowledge is required. If we don't want to spend time and attention on our own money then it is a pity situation.