The earlier you plan, the more secure your future. Schedule a consultation to create a personalized pre retirement plan that aligns with your financial goals and retirement aspirations.
Most essential for young and middle aged persons. Future monetary needs vis-à-vis the current expenses is given.
Find the insurance plan that fits your needs and budget. We provide unbiased guidance to help safeguard your family's future and manage unexpected medical expenses.
The earlier you plan, the more secure your future. Schedule a consultation to create a personalized pre retirement plan that aligns with your financial goals and retirement aspirations.
How much to save? The earlier you plan, the more secure your future. Schedule a consultation to create a personalized pre retirement plan that aligns with your financial goals and retirement aspirations.
(Impending and Post retirement)
(Nominees of deceased investors and investors who have invested through financial institutions and are unable to track / retrieve their investments)
Sometimes they are also likened to Life Insurance investments. They also withdraw money from Mutual Funds to meet their personal needs, as if they are withdrawing money from their bank or post office accounts. Bank and post office savings and life insurance have their own importance in varied fields, with 2.5% and 5 to 6% yearly returns.
e.g. A person has saved 5 lacs in Mutual Fund and after 15 years that amount has become 17 Lacs.( with an yearly yield of 16%). He decides to withdraw the amount and buy a car. Instead if he takes a car loan from bank @ 8.5% yearly, he stands to gain ( 16% - 8.5% = 7.5%) 7.5% yly. If the loan repayment duration is 10 yrs, he gains 7.5 x10 = 75%, with his Capital being intact.
Mutual Fund investments are a complex process and need certain amount of knowledge. That is why people who think that they can put money in Mutual Funds in the same way they put money in banks & post offices, end up loosing money. If an amount is not growing over a 2 year period, that should also be construed as a loss as that amount in bank FD would have grown by at least 11% in 2 years.
