Plan today and Invest for a Comfortable tomorrow Ensure your funds last by setting up a SWP

Imagine you are standing on the world’s largest bridge, the view is wonderous, the sun is shining, there is a gentle breeze, your spouse and kids are standing next to you – it is a beautiful day. Now step off!

You plummet towards the ocean – the boats and rocks and fish come closer and closer – you close your eyes hoping for the best and then, a single rope breaks your fall and keeps you safe.

Planning for your retirement, as early as possible, is your future safety net. So, lessen the worry and stress of tomorrow by planning and investing smart today!

Start off by creating the most elaborate list – this list should contain how much you spend on daily requirements, monthly and annually

it should accommodate occasional splurges, from eating out to going to a movie

it should include your post-retirement travel plans

it should consider hobbies that you wish to pursue

and last but not least – emergencies – after all you may be as healthy as a horse today but who knows what tomorrow might bring.

Listing each of these elements and their corresponding costs will give you a rough idea of how much money you will need to maintain your lifestyle post-retirement.

It will give you a wealth creation goal – which you will need to actively work towards.

If you have already done all of this but the looming retirements years still terrify you, ensure that you have a dependable source of income every month with a SWP.

What is SWP?

SWP or Systematic Withdrawal Plan is a unique mutual fund feature that enables you to withdraw a fixed or variable amount from your mutual fund on a pre-set date every month. Just like a salary!

If you don’t use the money, you can switch from a monthly pay-out schedule to a quarterly, semi-annually or annually as per your needs.

So, what are you waiting for? Plan today and live the life you want tomorrow!