How to plan a secure retirement with fixed-income and low-risk funds?
4 months, 2 weeks ago

How to plan a secure retirement with fixed-income and low-risk funds?

Live Mint  

Approaching retirement, especially when you’re responsible for your family’s well-being, comes with mixed feelings—excitement, and a bit of apprehension. If you’re like many people nearing retirement, you're probably asking: How can I make sure our savings provide us with a stable, reliable income without risking it in volatile markets? Here’s why SWPs are particularly valuable for retirement: Steady Cash Flow : With an SWP, you decide the withdrawal amount and frequency, making your retirement income reliable and predictable. Crafting your retirement corpus with asset allocation When building your retirement portfolio, it’s essential to balance between growth potential and safety. To calculate a retirement corpus that can generate a ₹40,000 monthly income, estimate how long you’ll need it to last and factor in a safe withdrawal rate.

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History of this topic

How to plan your retirement with a SWP
3 months, 1 week ago

How to plan your retirement with a SWP

Live Mint  

In India, healthy life expectancy at birth improved by 4.02 years from 54.1 years in 2000 to 58.1 years in 2021, according to statistics from the World Health Organisation. In the latest episode of Mint Money Shots, presented by Invesco Mutual Fund, Assistant Editor at Mint, Aprajita Sharma, spoke about how a Systematic Withdrawal Plan or SWP can be a …

Retirement ready: Here are some essential tips for financial security
4 months ago

Retirement ready: Here are some essential tips for financial security

Live Mint  

The idea of planning for retirement at a young age may seem unconventional to many. Retirement planning is an essential component of a sound financial strategy, providing ample time to address potential challenges that may arise. Here are some tips to ensure financial security in retirement: Setting the foundation: Evaluating financial goals Effective retirement planning begins with assessing financial goals. …

How to save for retirement: Investment tips for moderate risk takers
9 months ago

How to save for retirement: Investment tips for moderate risk takers

Live Mint  

I am 35, and recently started a new job with a monthly income of ₹ 1.5 lakh. —Name withheld on request {{^adFree}} {{/adFree}} If you plan to retire at 50, you will need to build a big enough corpus to last you through 30-35 years of retirement, or even longer. If your retirement corpus of ₹2 crore earns 9% returns, …

SIP or SWP: Which systematic plan should you choose to safeguard your golden years?
1 year, 11 months ago

SIP or SWP: Which systematic plan should you choose to safeguard your golden years?

Live Mint  

According to a survey conducted by Scripbox in 2022, 80% of urban families are not confident about their post-retirement plans. With rising life expectancy in India coupled with falling working span, it is important to start planning for retirement at an early stage with a systematic approach of investing that could ensure regular withdrawals during the golden years of life. …

Want to build corpus of Rs 1 crore at retirement? Learn how to plan it
2 years, 4 months ago

Want to build corpus of Rs 1 crore at retirement? Learn how to plan it

Firstpost  

It will be easier for you to accumulate a sizable corpus the earlier you begin saving money for retirement. You can gradually switch your fund allocation from equity to debt mutual funds as you get older to meet changes in your risk appetite. Therefore, if people in this age bracket are willing to accept an average return of 10 percent …

How should I invest my corpus to get ₹1.25 lakh monthly via SWP?
2 years, 5 months ago

How should I invest my corpus to get ₹1.25 lakh monthly via SWP?

Live Mint  

I am a 40- year-old professional with a working partner and 13-year-old daughter. Also, for the next five years, I can invest ₹1.5 lakh per month in mutual funds via SIPs too. I am working towards retirement in next five years and want a plan to get ₹1.25 lakh per month on SWP by investing the entire corpus. Coming to …

What should be the retirement corpus we ought to look at?
3 years, 1 month ago

What should be the retirement corpus we ought to look at?

Live Mint  

I am 31-year-old and drawing a salary of approximately ₹65-70,000 per month. However, in case you wish to retire at 40 years, which means 9 more years of working, it means a principal savings of ₹48.88 lakh assuming the savings are increased every year by 10%. And assuming earnings rate at 12% and an opening corpus of ₹20 lakh, the …

How to get regular income after retirement
6 years, 7 months ago

How to get regular income after retirement

Live Mint  

With rising life expectancy in India, post-retirement life span is now longer than what it was earlier. Large expenses like medical contingencies need to be accounted for before you estimate your regular income need, else these expenses can eat into your retirement savings. Given the need for capital preservation post retirement, if one does not have any equity exposure, then …

Invest in debt funds for at least 3 years for income tax benefit
6 years, 8 months ago

Invest in debt funds for at least 3 years for income tax benefit

Live Mint  

I am 29 years old and want to invest a lump sum of ₹ 2- 2.5 lakh for 2-3 years. —Sushant Suresh If you invest for a period of at least three years in debt funds, you will get the benefit of capital gains indexation that will lower taxes on the profits from your portfolio. Regarding investment choice, you can …

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