From reducing stock, MF holdings to evaluating your assets: Use this 8-point checklist to simplify finances after retirement

You may not need a long list of investments. Close bank and investment accounts that you no longer need. Reduce your stock and mutual fund holdings, and consolidate these. There may be little merit in holding a complex portfolio and trying to monitor and manage it. One equity index fund, one bank account, and fixed deposits linked to that account are adequate for most purposes.