Outlook Money
A SWP plan gives you the option to determine the amount and the frequency of withdrawals as per your need.
A SWP plan can help provide regular cash needs for senior citizens.
Seniors can explore conservative hybrid funds, balanced advantage funds, etc., as per their risk and financial profile.
With uninterrupted cash flows through a SWP plan, senior Citizens can transition to retirement smoothly.
If you already receive a monthly pension from your previous job, the returns from the SWP plan will be an additional income.
Taking full control of your finances from reinvestment to risk and reward evaluation, a SWP plan can foster financial discipline and financial security
If the market does well then the asset's net value will rise, ensuring a higher fund value, regular income and buffer against volatility.\
Compiled By Himani Verma