Sentences with phrase «yearly systematic withdrawals»
In the graph below, the red / burgundy lines represent the yearly systematic withdrawals of $ 60K, compounded by the 2 % annual inflation rate.
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If your investment objective is to invest a lump sum amount in an MIP fund and would like to receive regular & fixed (monthly / quarterly / yearly) income then investing in MIP fund with Growth & Systematic Withdrawal options can be a prudent choice.