For retired person or people with lump sum who are looking for fixed monthly income from their lump sum, there is good option in mutual funds. It is called Systematic Withdrawal Plan(SWP). SWP is a smart way to plan for your future needs by withdrawing fixed amount systematically from your existing portfolio. It gives monthly fixed income with investment option. ...
Inflation is the increase in the prices of goods and services over time. It’s an economics term that means you have to spend more to fill your gas tank, buy a gallon of milk, or get a haircut. Inflation increases your cost of living. The inflation of india between 5% – 7% per annum. So select the saving plan to ...