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A BEGINNER'S GUIDE TO MUTUAL FUNDS

https://thecuttengroup.com/<br>You want to make sure that, when the inevitable and sometimes unexpected happens, your assets are given to your heirs in the way you want and with as little stress as possible.

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A BEGINNER'S GUIDE TO MUTUAL FUNDS

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  1. The Cutten Group Tokyo Japan MAY 5 The Cutten Group Tokyo Japan The Cutten Group Tokyo Japan 1

  2. A BEGINNER'S GUIDE TO MUTUAL FUNDS A BEGINNER'S GUIDE TO MUTUAL FUNDS What i What is retirement planning? s retirement planning? Retirement appears too many to be a faraway dream. Retirement planning is still foreign to many people, particularly in india. Few people make particular plans for their old age or save for retirement. However, if you want to live a dignified and comfortable life in your later years, you must plan for a corpus for retirement with the help of a sound financial plan. However, because India does not have a retirement benefit system in place, the onus is on individual investors. To some degree, programmes such as employee provident funds can assist pay retirement expenditures for salaried persons, but company owners and independent professionals must explore for other options. Depending on when you start saving, there are a variety of options available to help you accumulate savings for retirement, ranging from public provident funds to mutual funds the cutten group tokyo japan. The earlier you include a retirement corpus into your financial planning, the more you will be able to save. This can assist you become a prosperous senior citizen rather becoming a dependent on your offspring or a family member. 2

  3. Depending on your age, here's how you can save for retirement: Starting Retirement Planning in Your 20s Starting Retirement Planning in Your 20s When it comes to saving and investing, the sooner the better. Starting young might offer you an advantage and allow you to try with various items. For example, if you are in your twenties, you still have nearly four decades to correct any terrible financial decisions you make. Equities may appear intriguing to young investors because of their long-term return potential. Mutual fund investing might be an excellent alternative to incorporate in retirement planning. Market-linked gains and the power of compounding assist to multiply corpus over time. It can help you combat inflation. If you are unable to make a lump sum investment, consider setting up a SIP. This might assist you in developing a savings habit. Make sure to diversify your investments across different products to benefit from different risk and return profiles. Starting Retirement Planning in Your 30s Starting Retirement Planning in Your 30s 3

  4. It is not too late to begin planning for your retirement. You would have around 25-30 years in your 30s to build your financial portfolio. You can afford to take some risks, but not as many as you might in your twenties, given that your obligations have grown. Aside from an emergency fund, set aside at least three months' worth of expenses for a retirement fund. This can be a mix of fixed-income assets and stocks or mutual funds in India. SIPs are still a viable option. Starting Retirement Planning in You Starting Retirement Planning in Your 40s r 40s Better late than never. Starting in your 40s or 50s provides you significantly less time to plan for retirement. This is also the moment when you may have to make important financial decisions, such as your children's continued schooling or marriage. However, this does not mean you should disregard your retirement the cutten group tokyo japan. Begin by eliminating needless costs and allocating at least 50% of your money to retirement (more if possible). Because of the limited time frame, active wealth creation is required, therefore consider investing in mutual funds. However, you cannot afford 4

  5. to lose too much money at this time. Balance it out with investments in bonds, fixed income, and liquid securities. Smart Investor's Secrets Smart Investor's Secrets Smart investors have a few techniques up their sleeves that can help them retire wealthy. Here are some money-saving tips: Start as soon as possible. Start saving for retirement today. Diversify your investments. Even though it appears enticing, do not deposit all of your money in one bucket. Even if you are a risk-averse investor, invest in mutual funds to take advantage of compounding. Instead of blowing your bonuses on holidays and impulse purchases, save them. Increase your investment and savings amounts each year in accordance with your pay raises. Talk to your partner or spouse about their retirement plan and whether it makes sense to link both. 5

  6. Bottomline Bottomline Many young people may believe that retirement preparation is too far down the road. However, if you want to retire in style and dignity while maintaining your current lifestyle, you must plan ahead of time because your income sources may diminish with age. 6

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