Fri, Dec 20, 2024
Retirement Planning via SIP: Are you worried about rising inflation and wondering how to manage your post-retirement expenses? If yes, then investing in a Systematic Investment Plan (SIP) may help.
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SIP+SWP For Monthly Income: An investor can start a monthly systematic investment plan (SIP) in a mutual fund to create a retirement corpus. At the retirement age, they can stop this investment and withdraw the monthly amount through a systematic withdrawal plan (SWP). With the help of the duo's combination, a Rs 25,000 monthly SIP investment can lead to up to a Rs 13 lakh monthly withdrawal.
Retirement Planning: If one aims at getting a Rs 1 lakh monthly income at retirement, the key is to start investing early. The benefit of starting early is that one can achieve the goal with a lower monthly SIP investment compared to a person who starts retirement planning late.
Thu, Dec 19, 2024
Retirement Corpus Calculations: The assessment of retirement corpus can help one plan in advance. If they know how much they need at their retirement, they can plan a monthly SIP or lump sum investment to achieve that goal.
Wed, Dec 18, 2024
Power of Compounding: Whether you're planning for retirement or have other financial goals like buying a house, a car, funding your children's education, or other, strategic planning can help you reach your goals on time and with less worry.
Let’s understand how your Rs 10,000 monthly investment can grow into Rs 6 crore retirement corpus. Here, we will also understand how disciplined and consistent investing can help one reach their target goal, and the time required to achieve their financial goals through a systematic investment plan (SIP).
Tue, Dec 17, 2024
EPS Pension Calculator: A private sector employee with an Employees' Provident Fund (EPF) account becomes eligible for Employees' Pension Scheme (EPS) on completion of 10 years of service. The pension is calculated on the basis of the pensionable salary and service.
Retirement Planning via SIP: Retirement planning is important for everyone, whether you're a salaried employee, a small business owner, or an individual.
Mon, Dec 16, 2024
Power of Compounding: As you age, your medical needs may increase. Having a trustworthy pension plan in place will guarantee that you have the finances to cover any potential future medical care bills.
Fri, Dec 13, 2024
SIP is a disciplined way of investment in which you invest a fixed amount regularly in mutual funds while (SWP) is a financial investment plan that allows investors to withdraw a set amount of money.
Retirement Planning via SIP: Retirement planning is crucial for everyone, regardless of their occupation. However, the corpus required for post-retirement living can vary from person to person, depending on their needs and lifestyle.
A provident fund (PF) is a savings scheme for employees that helps them make a retirement fund and offers financial stability. It is a statutory reward that employees receive when they leave their jobs or retire.
Thu, Dec 12, 2024
Retirement Calculator: Retirement planning is important. The early one starts it, the better it is. But one needs to calculate their retirement corpus amount and plan their investments according to that.
Wondering how long will it take to reach Rs 9 crore corpus goal if your monthly savings are Rs 15,000? Let’s find out how the power of compounding and consistent investment strategy can help you build a large retirement corpus.
Wed, Dec 11, 2024
Retirement Planning: Whether you are in your 20s, 30s, or 40s, it is never too late to start planning for your retirement. You can begin building your post-retirement corpus at any stage of your career.
From 10,000 SIP to Rs 8 cr Corpus: If one stays in an investment for a long time, achieving a seemingly large retirement corpus is not impossible. The best way to achieve it is to begin the investment journey early and stay firm on the investment path.
PPF Calculator: Investment in Public Provident Fund (PPF) creates tax-free income. After 15 years of the maturity period, one can draw income even without investing a single rupee in PPF.
EPF vs NPS vs SIP: Employees' Provident Fund (EPF) and National Pension System (NPS) are two retirement-centric central government schemes. Systematic Investment Plan (SIP) is a method of investing in mutual funds that can also be used to generate a retirement corpus in the long run.
Tue, Dec 10, 2024
Impact of Compounding on Retirement Corpus: Retirement planning is like starting with slow steps, gathering speed and making a giant leap, where monthly SIP investment and years of compounding can help one build a giant retirement corpus in the long run.
SIP+SWP: Systematic Investment Plan (SIP) in mutual fund is one of the ways to generate a retirement corpus in the long run. The same amount, instead of withdrawing as a lump sum can be withdrawn in phases through Systematic Withdrawal Plan (SWP). In both phases, the investor gets return on their corpus.
Sun, Dec 08, 2024
Let’s find out how long it will take to build Rs 8 crore retirement corpus by investing Rs 15,000 in a monthly systematic investment plan (SIP).
Thu, Dec 05, 2024
Retirement Corpus Calculator: In retirement planning through investment, two important factors are to know the amount you require at the time of retirement and the monthly investment or lump sum investment you need to make to achieve that goal.
Wed, Dec 04, 2024
Public Provident Fund: Investment in Public Provident Fund (PPF) creates a tax-free corpus. But even if we don't withdraw it, the corpus can be used to get regular income.
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