What is
the accumulated corpus in 20 years?
It permits to partly encash
accumulated corpus in the policy term.
If your objective is to
accumulate corpus in around 5 years time - frame..
Not exact matches
You can withdraw only 60 % of the
accumulated corpus under NPS, 40 % of the remaining fund should be compulsorily invested
in Annuity schemes after attaining 60 years.
So, if I do a SIP
in mutual funds of Rs. 12,000, I can pre-pay my left loan
in 10th year using my
corpus which has been
accumulated through Mutual Fund SIPs.
If you would like to
accumulate sufficient
corpus for a long - term goal, you may have to take calculated risk and invest
in right financial product (s) which can beat inflation & give better tax - adjusted returns.
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.
Dear Priya, With 15 - 20 years of time horizon and with the list of good funds you have invested
in, I am sure you will
accumulate good
corpus to achieve your financial goals.
Dear Dinesh, If you invest Rs 45k per month and assuming the expected return on investment is 12 %, then the projected
accumulated corpus can be around Rs 36 Lakh
in next 5 years.
Once you have
accumulated enough, start investing that
corpus in a suitable investment vehicle.
You may consider setting STP from a liquid fund to an equity oriented balanced fund (s), may remain invested
in a balanced fund for 5 to 6 years and then can gradually move your
accumulated corpus to safer investment avenues, as you reach the target year.
The
accumulated corpus is a result of smart financial planning, and can be used for higher education / professional courses
in the future.
Wealth creation: Long - term savings / investment plans build a sizable
corpus that can be directed towards financial goals like starting one's own business, buying a home,
accumulating savings for family members — along with the dual benefit
in terms of tax.
«Max Life Forever Young pension plan» which is unit — linked plan with a minimum guaranteed return of premiums that helps
in accumulating a retirement
corpus.
Here, either the policyholder can make a lump sum payment and then wait for the annuity to begin or use the deferment period to make premium payments which will be
accumulated in a
corpus.
3 — If one has to
accumulate retirement
corpus through a plan like this, what is the total cost involved to get decent accumulation (can be very high) and do nt you think not investing
in other better alternate avenues can itself is a big risk factor.
On maturity (retirement), a third of the
accumulated corpus can be withdrawn as a lump sum and the rest
in parts
in the form of a pension.
In the event of the death of the policyholder, your insurer will pay the corpus accumulated in the pension plan to the nomine
In the event of the death of the policyholder, your insurer will pay the
corpus accumulated in the pension plan to the nomine
in the pension plan to the nominee.
Investing
in a CHILD INSURANCE PLAN ensures a safe future for your child and is one of the prudent ways to
accumulate a
corpus for them.
Death Benefit: The
accumulated corpus or the sum assured is paid to the nominee
in the case of the death of the life insured.
Endowment policy helps you to
accumulate adequate
corpus along with providing financial protection
in case of any unfortunate event to accomplish the financial goals
in your life like child's education, marriage, post-retirement expenses, etc..
By investing
in an endowment plan, you can
accumulate huge
corpus at the maturity of the policy and can easily achieve your financial goals as well.
You may consider investing
in PPF / Equity mutual funds to
accumulate good
corpus for her future.
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.