A new phase in life may soon begin for those nearing their retirement. After having clocked 9 to 5 or even more hours of dedicated work, the time to hang up the boots may soon arrive. Some retirees may want to continue working while others may want to pursue long-cherished dreams and passions. Whatever you wish to do in your post-retirement life, it has to be without worrying about earnings to sustain the golden period of your life. Whether you have just retired or are retiring soon, your retirement savings will have to be invested in such a manner that the non-earning period goes through smoothly without banking on the pay-day cheques.