Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Stock
Include Mutual funds in your Financial Plans.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="raaman, post: 216311, member: 23419"] Include Mutual funds in your Financial Plans. Retirees usually invest their savings and investments in the bank's FD, PPF, gold, real estate, insurance, and other retirement schemes. During medical or other emergencies, this can cause unnecessary stress. These make it easy to withdraw money from mutual funds, offer excellent returns after tax, and provide easy cash withdrawals. Many retirees, stay away for fear of fluctuations in the returns of mutual funds. Retirees can opt for a Systematic Withdrawal Scheme or SWP by investing a portion of their pension in debt mutual funds. Such investments will help them to earn a regular return. Debt funds are a bit safer than equity funds. This is because they are invested in bonds issued by banks, companies, government agencies and money market based documents (bank CD, treasury bills, commercial paper). Compared to the bank's FDs, the SWP (Systematic Withdrawal Scheme) of debt funds will provide higher tax returns. Income from FD / Pension schemes is taxed at a higher rate as compared to withdrawals under SWP (Systematic Withdrawal Scheme). Unlike in a retirement plan, you can easily suspend SWP (Systematic Withdrawal Scheme) or change the amount deducted from it at any time as per your requirement. Retirees, therefore, may include mutual funds in their financial plans. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Stock
Include Mutual funds in your Financial Plans.
Top