Retirement Fund: If you want a big amount in old age, then make a strategy from now, Know more about it...


Systematic Investment Plan: If you want that you have a good bank balance for old age after retirement. So in such a situation, you need an investment option, in which the returns are also good and the risk of the stock market is also less. You all must know about the Systematic Investment Plan, in which you invest some amount every month, but we are going to tell you about the exact opposite i.e. Systematic Withdrawal Plan. , From which you will get money every month, consider it as a pension in a way.


You can easily make a monthly SIP of Rs 5,000 every month for 20 years and the next 20 years, you can arrange a pension of Rs 35,000 for yourself every month. Through the Systematic Withdrawal Plan, investors get back a fixed amount from the Mutual Fund Scheme. How much time, and how much money has to be withdrawn, is decided by the investor himself. Under SWSDP, this money can be withdrawn on a daily, weekly, monthly, quarterly, six-monthly or yearly basis.

Investment facility on a monthly basis
Explain that if the investor wants to withdraw only a fixed amount or if he wants, he can withdraw the capital gain on the investment. Under the Systematic Investment Plan, you get the facility to invest in a mutual fund scheme every month instead of investing in a lump sum. You can decide for yourself how much to invest in a scheme every month.

The advantage of this is that here even your entire money is not blocked at one go, rather you can invest monthly in it at your convenience. Along with this, the convenience of increasing or decreasing the SIP is also available by assessing the returns from time to time.

Retirement planning at the age of 25 to 35
Now you must be wondering who makes a retirement plan at the age of 25. You will be surprised to know that pension plans taken at this age give you maximum benefits. First of all, due to the low age, the amount of your premium will also be less. Even if you invest 5 to 8 per cent of your income in a pension plan, you will still get a substantial pension amount in old age.


Will help in controlling unnecessary expenses
If you take a pension plan as soon as you get a job, you will also be able to control unnecessary expenses. You must remember that the premium for the pension plan has to be paid. If you are young at this time, then your ability to take risks is also high. You can also take risks in investment. You can also choose high-risk investment options like equity.