It is high time now that millennials realize the importance of saving and investing early for a better life after retirement.
A Systematic Withdrawal Plan (SWP) can be utilized by those who are planning for their retirement in the coming years or have retired.
It is critical to begin retirement planning early in life if you want to live a carefree life of leisure after retirement.
Retirees must consider investing in assets that can keep pace with inflation or even surpass it in growth.
Mutual funds can help retirees achieve their cashflow needs with Systematic Withdrawal Plan and assist in gaining optimal risk-adjusted returns.
Fixed income instruments such as fixed deposits offer stability and assured returns. It has been a popular choice of many risk-averse investors.
Retirement planning ensures a happy post-retirement life with an additional source of income.