An off-late platform for financing facility is offering great return good enough to tackle the inflation crisis. So, other than the conventional investment offerings, if you have surplus you can also take the P2P lending route to add your retirement corpus.
Know in detail about P2P lending, here.
Here's how retirement corpus can be boosted with P2P lending:
Add it to your portfolio mix where you not only invest but also lend to gain: In the traditional era, also other than the institutional loans which came in fore after the financial world in India organized, mainly finance was given by traders and those who were well off financially. But P2P lending is different only in respect of being more organized and also now being institutionalized through the technological route.
Higher returns guaranteed and not exposed to as much risk as in case of equity: The diversified loan portfolio offers better return and till date no fraud in its ambit has been provided. So at a gross annual return of 18-24% you are better off.
Returns to beat inflation returns not possible with fixed instruments : SIPs and other fixed instruments offer return above 12% or less than 8% respectively which in a scenario where cost of living has mounted to huge levels is not possible.
Compounding effect also add to the gains in P2P lending: Lender he gets principal and interest on a regular basis and by reinvesting the proceeds, he only adds to his gains and so P2P lending is a sure shot way to increase your finances over the time, provided you have ample cash flow to lend it.