Mon, Apr 22, 2024
Many investors aim to generate monthly income from their investments. While most favor guaranteed return income plans, some choose market-linked options. Examples of investment schemes offering monthly income include the Senior Citizen Saving Scheme, Post Office Monthly Income Scheme, Government Bonds, Pradhan Mantri Vaya Vandana Yojana, Life Insurance Plus Saving, mutual funds, and systematic withdrawal plans. Explore these options in greater detail to understand their specifics.
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Sun, Aug 27, 2017
Ideally, a person start working at the age 21 and look for retirement by 60. In this 39 years of life span, there are sea of expenses which incurs. To make sure you do not have to compromise on your post-retirement life, it is always advisable to plan early.
Tue, Aug 22, 2017
Investing in Systematic Investment Plans (SIPs) can help you in giving high returns with marginally increase in investment amount every year.
Wed, Aug 09, 2017
In a SIP, an investor has to set aside small amounts of money either monthly or quarterly and the amount of investment can be as low as Rs 500.
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