02 August 2022

Use The Power Of SIP & SWP To Retire Rich

Kapil Jain
Retirement planning is one of the most important financial goals but is often neglected. And by the time realisation sets in for financial security post-retirement, it becomes too late. At that stage, corrective actions often turn out to be less effective, and the corpus, thus collected, becomes inadequate. This is where instruments such as mutual funds can play an important role. By investing regularly over the years, mutual funds offer efficient solutions to retire comfortably. The various investment tools available within the mutual fund universe can address not only your monthly cash flow requirement but also aid you in accumulating a sizable corpus to meet any emergencies which may occur. A combination of investment tools like Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) can comfortably yield the desired result for a comfortable retirement, and at times...
Download the Outlook ​Magazines App. Six magazines, wherever you go! Play Store and App Store