Mr. Raman aged 35 years wants to
accumulate a corpus amount, so his family can achieve their financial goals.
This plan helps
accumulate corpus amount... Read more
This plan helps
accumulate corpus amount along with life insurance cover.
Not exact matches
I want to invest for saving tax while
accumulating a
corpus for child's future educational and some investment in property.I am willing to stay invested for long time with 60 %
amount and 40 % for 5 to 3 years.
Once you are able to figure out the total
amount that you need to
accumulate as early retirement
corpus using a pension calculator, do well to start investing smartly to achieve this goal of yours.
You may
accumulate the remaining
amount required for the emergency
corpus by regular savings over the year or year and half, without disturbing the ongoing investments a lot.
Suggest you to use the calculator to estimate the required
amount savings to
accumulate your required retirement
corpus (if not used it).
As per calculation I need the following
amount of monthly investment for
accumulating the desired
corpus (assuming 12 % return) 1.
For example, if you have entered 15 % rate of return for 30 years, the calculator uses 1.25 % (15 % divided by 12) for 360 months (30 years multiplied by 12) to calculate the
amount you need to save per month to
accumulate your desired retirement
corpus
On maturity, pension plans permit investors to withdraw only one - third of the
accumulated corpus tax - free, and the balance
amount goes towards purchasing an annuity plan.
With all pension plan types, after one - third of the
accumulated corpus is withdrawn, it is mandatory to purchase an annuity plan with the balance two - third
corpus amount.
Romesh at 30 years of age, wants to
accumulate corpus so he can receive a lump sum
amount at vesting and can also get a regular income after his retirement.
If you have not
accumulated savings for important goals then either you have to invest more to
accumulate goal
corpuses in safe investment avenues or you may have to consider investing in risky investment avenues to achieve your goal target
amounts.