Post Office Scheme is the best option to get handsome returns and secure financial freedom after retirement. When choosing any investment, the main factors to think about are risk and reward. When looking for secure investments with good returns, saving plans offered by Post Office are one of the better options.
Financial Planning is the most important aspect of our daily life. Before starting any trip, most of us decide our destination and plan our route very carefully. Sure, there may be detours, but we stick to the general route to get to the destination. Investing is no different. You need financial planning before you start your investment journey to fulfill your dreams or goals. Sure there will be bumps and detours (market volatility) in your investment journey as well. But if you follow your financial plan, you will be better placed to manage all challenges.
Types of mutual funds – Equity funds; Debt funds; Money market funds; Index funds; Balanced funds; Income funds; Fund of funds; Specialty funds. There are several other types also like money market funds, fixed income funds, equity funds, balanced funds, index funds and real estate funds.
Are you looking for the best pension plan for yourself that can help you become tension-free post-retirement? Well, then you must know about LIC Saral Pension Yojana. In general, an individual starts receiving a pension when they retire, usually after the age of 60. However, under the Saral Pension Yojana by the Life Insurance Corporation of India, you can start getting a pension even at the age of 40.
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