A wise investment means the best options that are good for one’s money. An investment made is always based on one’s objectives, the risk-taking capability and time. For being a successful investor, one need not be an expert in Finance. Investors should smartly decide on what is best for them and by seeking help from online wealth management companies. Successful investment approaches always have to be planned in advance. Looking at the success stories of the previous investors, one can easily determine the key elements that help them push towards success –

Patience is important

Investments are a long term plan, and no investor has become wealthy in a short period. It is imeprative to know how the stock market swings daily and how some short term fluctuations can be anticipated in the value of investments.

The key to achieving success in such circumstances is to remain invested, even when there are fluctuations in the market. Along with being patient, one also requires to set smart goals, as they play a vital role in the success of one’s investments and saving. By having a purpose, investors can stay focused and can keep away from getting held up in the market volatility.

Seek help

Investors should never be reluctant to take help from an expert when it comes to money management. One can always hire a financial advisor or go for digital wealth management companies when one has to ascertain the best investment strategy that suits your needs. If investors require assistance, several financial specialists are willing to offer help. This also includes taking opinions about the markets from a professional, discussing tax planning with an accountant and portfolio management. All these not only help save time but are also advantageous in long term.

Be practical

Many investors often get emotional, and this is one of the reasons that cause a decline in investments. If you want to become a wise investor, it is crucial to put sentiments aside. Intelligent investors do not make decisions in a hurry and disturb their investments. This is because they are convinced about their investment plan. One always requires to concentrate on their strategies and execution for long-term investments and avoid getting distracted by any short-term instabilities in markets.

Be disciplined

Achieving success with invested money takes time if the market is performing well. By investing regularly, one can save more. Always plan to make consistent contributions towards the investment portfolio. One must also give significance to diversification. One cannot attain success with the investments if the money is invested in just two or three companies. To get successful it is vital to distribute the funds smartly in different sectors, as it helps to minimise risk and also improves the prospects of being successful with your investments. Online wealth management companies assist in the same.

Investment is a constant process that helps to achieve one’s financial objectives. By applying successful strategies, one can create wealth and fulfill goals. Practice the above-mentioned habits to attain success with your investments.

A SIP is a way of investing in mutual funds. It enables you to invest a fixed sum in a mutual fund plan at regular intervals that you can pick.

Invest in SIP lets you choose from an automatic contribution process by which a fixed amount fixed sum gets deducted from your savings account on a daily or monthly or quarterly or half-yearly basis and is directed towards the preferred mutual fund plan.

How does it work?

SIP works on the simple model of consistency of investments. They work like recurring investment of a stipulated amount, which gets deducted directly from an investor’s bank account at fixed intervals.

Once the investor does SIP, the mutual fund house apportions you with a certain number of units of the plan you have decided to invest in, depending upon the plan’s Net Asset Value (NAV) for the day. With every SIP payment, the investor gets additional units of the plan.

Since every time the plan units are purchased at different rates, hence, with the same SIP amount invested at regular intervals, your money gets you fixed units of the mutual fund plan during rising  and falling of markets.

Hence, a SIP allows you to lower the average cost of your investment and decrease the risk of your investment by distributing your purchase price over time. This is known as rupee cost averaging.

Additionally, if you invest in SIP, it allows you to constantly increase your investment amount by a fixed amount and get the advantage of compounding as you earn returns produced from your investment. This is called the power of compounding.

Advantages of SIP

Small amount required: A SIP lets investors start off investing in mutual funds with an amount as low as INR 500. Thus, the SIP mode of investment is easy on the pocket of investors. Additionally, the low investment condition reduces the financial threat linked with lump sum investments.

Compunding power: When you invest in a SIP, an investor increases your investment by a specific amount at regular and fixed intervals. By maintaining the returns invested along with the principal amount, an investor gets returns om investments also under the SIP mode of investment. It is known as the power of compounding.

Low risk: Mutual funds invest in equity and debt investment tools which are unstable due to stock market and economic changes. Thus, with the same money, an investor purchases fewer units of a mutual fund when the market is bullish and more during bearish markets. Thus, SIP allows an investor to decrease the average cost of his or her investment and the risk associated with it by spreading the purchase price over time. This model is known as rupee cost averaging.

Automatic process: An investor can go for an automatic SIP deduction. For this, you need to give a one-time directive to your bank for making your SIP payments, and your money gets invested in the scheme automatically at the periodic interval picked by you. This saves you from the hassle of filling forms and doing unnecessary documentation and issuing cheques or logging on digital platforms every time you make a SIP contribution.

The best SIP to invest in, depends on the market situations and to lower your risk it is best to seek the advice from a reputed wealth manager.

Five basics that all of us can do in embarking on a journey towards a more-secured retirement.

I’ve met people for whom retirement is ‘can’t wait’, a beginning of a more flexible existence, a chance to experience everything that just passed by in the first 60 odd years. As well as I have met people whom retirement is scary.

“Doing what you want” is easy to say, but freedom of any kind is hard work. Retirement planning is a must do, and the sooner the better. There are five basics that all of us can do in embarking on a journey towards a more secured retirement.

1. Calculate What Retirement Is:

Plan your savings & calculate the future expenditure which will be incurred at the time you retire with retirement planning calculator. Miscalculating the retirement phase creates the risk of running out of corpus.

2. Remember The Cost of Delay:

The best time to start saving for retirement is not when you are about to retire, but when you receive your first paycheck. Don’t forget to get that money invested in best mutual fund schemes or other investment options from the financial expert.

3. Make The Nest Egg Comfortable:

Retirement years are not the right time to be stressed; life before would have given you enough of that! It is important to accumulate enough to comfortably go through this phase.

4. Remember Expenses Rise:

The impact of inflation is hard to sink in. It adds to cost of living each year, and by the time we hit retirement, we have to spend much, much more than we do today to maintain the current lifestyle.

5. Don’t Forget Asset Allocation:

Asset allocation is often missed out while planning for retirement. What is right mix for your portfolio? It depends on when you start.

Never forget that retirement is journey and this journey is incomplete without the support of a financial advisor. While retirement planning is not complex, it is nuanced, and involves a lot of variables. It requires constant monitoring, which a professional can handle well.

Don’t forget to get the best advice from the certified financial advisor in Delhi India today!

According to the December 2018 report issued by the Ministry of External Affairs, there are around 30,995,729 NRIs residing outside India. To help these NRIs yield attractive returns on their income and investments in India several financial institutions and NBFCs offer NRI fixed deposits. These firms and NBFCs often offer competitive NRI interest rates in India and secure greater returns.

Fixed deposits provide you with assured returns irrespective of the fluctuations in the market conditions and ensure that you do not lose your capital. However, despite the low risk associated, there are certain points that you should keep in mind while you invest in NRI fixed deposits. Some of which are discussed below. 


As an NRI, you can only make investments using your Non-Resident Ordinary or NRO account via NEFT, cheque or demand draft. 

Tax Deduction at Source (TDS)

While you invest in an NRI fixed deposit, a proportion will be deducted on the amount earned as interest. If the yearly interest earned is less than Rs. 50 Lakh, you will be eligible for a TDS deduction of 31.2%. In case your interest earned annually exceeds Rs. 50 Lakh but is below Rs. 1 Crore, you qualify for a TDS deduction of 34.32%. With interest earned more than Rs. 1 Crore per year a TDS deduction of 35.88% will follow. 

Interest rates

You get to enjoy attractive NRI interest rates in India, and the returns stay independent of market fluctuations. 

With such an interest rate, you can earn lucrative returns with fixed deposits. The interest rate will depend on the type of return you choose; for example cumulative and non-cumulative, as well as the tenor you choose. 


You can choose to make an investment for tenors ranging anywhere between 12 months and 36 months. You can make use of a monthly interest calculator to determine your tenor and monthly interest amount and to estimate the return on your investment. 

Benefits for senior citizen

Senior citizens can enjoy a competitive interest rate as compared to the interest rate provided to investors below the age of 60 years. Such attractive interest rates provide them with greater returns, which is why senior citizens should invest in fixed deposits to secure a source of finance after retirement. 

FD calculators

Investors can access the NRI fixed deposit monthly interest calculator with which they can calculate their interest earned and estimate their returns on their investment. To use such fixed deposit calculators, you will have to provide investment amount and investment tenor while using this online tool. 


You can opt for the auto-renewal facility to reduce the hassle of filling up a renewal form at the time of maturity. 


These NRI fixed deposits are regulated and guaranteed by ICRA and CRISIL (Credit Rating Information Services of India Limited). They offer a security rating to determine whether your fixed deposit investment is safe or not and to eliminate the risk involving your capital. 

Deposit amount

You get to enjoy a minimum deposit amount of Rs. 25,000 to earn attractive NRI interest rates in India. It is one of the safest investment that allows you to manage your finances effectively. 

Application process

You can apply for an NRI fixed deposit online on the official website of your financial institution. You will have to fill an online application form with your personal and financial details and deposit your amount via NEFT (using your NRO account), cheque or demand draft. Save your application form by selecting the ‘save as PDF’ option. Print the application and affix your recent photograph and sign the document. Once the submitted documents are verified your fixed deposit account will be booked. 

Several financial institutions and NBFCs offer such deposit account at a competitive interest rate. Bajaj Finance is one such NBFC that offers NRI Fixed Deposit at a competitive interest rate of 8.35% and up to 8.70% and a prolonged deposit tenor of 12 to 36 months with variable deposit facility. 

With such attractive NRI interest rates in India, you get to earn greater returns. Moreover, you can also choose to renew after the policy matures, or alternatively, get the amount transferred to your account.

For each individual it is important to have a retirement plan ready for a comfortable future In the present world a large portion of the individuals are occupied in their hectic schedules and don’t really give a thought about their retirement. Regardless of what your age is, it is never past the point where it is possible to start your retirement planning.

Just remember that time passes rapidly, so you have to begin planning with the help of an expert retirement financial advisor Clarkdale in like manner before you realize that your retirement opportunity has arrived. We as a whole realize that we will retire one day. Our future is in our grasp, so why not make it the best and most comfortable as much as we can.

To decide your retirement stage you should understand the retirement plans and their preferences. A large portion of the organizations offer retirement plans to their workers however there are some who don’t. There are a few retirement planners in the business, make a point to pick the correct retirement financial advisor Prescott.

Here are some key components you have to talk about with your planner before you start planning your retirement:

  1. Your present age: Age does make a difference in numerous areas and this is one of the most significant things you need to consider is your age. Despite the fact that, there is no age to plan your retirement stage, at the same time, you should begin planning at any rate seven to eight years before you are really going to retire.
  2. Your pay: Another significant factor you need to consider is your most recent salary. You should focus on certain points like – what is your annual salary? What is the annual salary of your life partner?
  3. Annual augmentation in your pay: How much increment do you feel you will get in your salary every year? This is difficult to make sense however according to the normal standards, a large portion of the individuals get 3 to 4 percent hike in their annual salary.
  4. Wanted pay after retirement: This is the most interesting part of the retirement planning. What are your plans for getting retired? Would you like to travel or something else? Consider every one of these variables to accompany the ideal retirement plan for you just as your life partner.

These are a portion of the essential things each individual must consider while planning their retirement. There are reputed retirement planning organizations presents that can help you in dealing with your finances. They offer their clients with the best retirement advice and planning. The professional retirement financial advisor Peoria has an extraordinary involvement in this field and with the help of their knowledgeable and training they provide the best services for their clients. All you need to do is find a reliable and reputed financial advisor that is going to plan the best retirement plan as per your needs and requirements.

Individual financial planning is significant in light of the fact that it gives you a technique for sorting out your financial issues for yourself and is wholeheartedly about planning for the unexpected and enabling you to have the freedom to deal with financial emergencies throughout your life. Fruitful financial planning is along these lines, critical for any individual who wishes to lead a comfortable life financially.

Without a doubt personal finance management is to get a handle on life’s various challenges that it throws at you and preparing to plan and execute your methods to solve your financial problems. Having an all around created financial plan is the key to prosperous individual financial future. This is the reason why you need to take the help of a professional insurance financial advisor Peoria.

The following activity of finance planning is to figure out where you are today, the money you have, the estimation of your investments and what sorts of investment vehicles they are. This plan will give you an outline guiding you towards accomplishing your objectives, what type of things you need to invest in, for what timeframe you need to invest for, while considering your limitations. These will furnish you with some extraordinary techniques on how you can start to more readily manage your finances starting today.

It is a reality that probably the biggest factor of individual debt is the abuse, misuse and exploitation of the Visa card. In any case, in the event that you happen to be in such a position, don’t surrender, considering with the help of insurance financial advisor Prescott you can considerably shorten your risk in 3 basic steps.

Right off the bat you can refinance your cards by paying back your debt, or you can even renegotiate your interest rates with your current card provider. In preparing for a further prudent tightening, it is urgent that you take various financial planning steps. There are the bills you should settle every month, and as needs be, is a part of your mandatory individual finance planning schedule.

Remember that you should try to purchase everything ‘discounted’ for clever planning. Thus, by procuring regular methodologies with your own finance planning now, you can even save aside emergency funds that will help your family in case of any financial emergency.

When you have an exact picture of where you are today, your own finance planning task can continue to the following level in particular choosing where you wish to be, and how to land there with the help of an expert Wealth management advisor Peoria.

The trouble is that most people compare and contrast finance planning ending up confused. Watch your interest rates when conservative vulnerability is on the horizon given interest rates are the first to react to making debt control essential.

To address the issue and be always financially prepared so that you and your loved ones don’t have to face tough times ahead, you need to plan and manage your income and wealth. You need to hire the best services for the desired results.

Mutual funds are one of the most popular investment options available today. These funds enjoy immense popularity among investors and have given excellent returns over the past years. Investing in these funds has also become very easy with increasing financial education. But before investing in mutual funds it is important to understand what these funds are and their risk orientation.

What is mutual fund?

A mutual fund is a fund that collects or pools resources from multiple investors and invests the funds in a range of different assets. These mutual funds are classified based on the assets that they invest in. Depending on the asset that they invest in, the risk for each mutual fund will change. As an investor, it is important to understand the risk involved in investing in a particular mutual fund and match it to personal risk tolerance and investment objectives.

What is Mutual fund ? Is a common question that arises in everyone’s mind who is looking for an investment option. Mutual funds are professionally managed with each fund having a fund manager. These funds are highly liquid and can be sold at their prevailing market rates in the stock market. This makes it very easy for any investor to get invested in a particular mutual fund and also to exit the fund whenever they require funds.

Types of mutual funds:

  • Equity mutual funds
  • Debt mutual funds
  • Hybrid mutual funds
  • Exchange traded funds

Equity funds form an important part of mutual funds. They invest in equity shares which make them highly risky to invest in. With the SEBI reclassification of mutual funds, there is a whole different category for equity based mutual funds or funds which invest in equity but have a separate investment strategy. Let us understand more about these equity based funds.

Equity based mutual funds invest in equity shares of mixed category i.e in a mix of large cap, mid cap and small cap shares. They have a particular strategy and accordingly make their investment picks. These funds can further be categorized into:

  1. Contra fund:

A contra fund performs exactly opposite to the way the market is heading. If the market is underperforming, it will invest in shares that are currently outperforming and vice versa. This inverse investment strategy helps the fund to get growth regardless of the general direction of the market.

  1. Value fund:

A value fund invests primarily in equity shares that are currently undervalued by the market in hopes of appreciation in the value in the future.

  1. Arbitrage fund:

An arbitrage fund invests to capture the price differential in a share in the cash and futures market. It takes a position in the cash market and a simultaneous position for the same share in the futures market.

  1. Focused fund:

A focused fund invests in a small number of funds at one time. Their portfolio of stocks is small.

  1. Sectoral/Thematic fund:

A sectoral or thematic fund invests in a particular sector or a particular theme like for example PSU fund, Banking fund, IT fund, Pharma fund. It also invests in a particular theme like funds that focus on one aspect of the economy in particular.

If taken on correctly, investing in real estate can be a very lucrative source of income. There is a good reason why in the last few years, in particular, the rise in Dubai Real estate investment has occurred, often with investors using the REIT scheme. Like with any business opportunity, along with the chance of gain, there is the chance of loss, and that is why it is good to arm yourself with as much knowledge surrounding real estate investment before taking part yourself. In this article, we will be looking at 8 pieces of advice to help you invest in real estate.

  1. Define Your Goals

OK, so you know you want to invest in real estate. But you need to further consider this with a more detailed perspective. For example, will you buy your properties and hold them, or buy and flip them? If you are buying and holding, then that means you will be renting the property out to earn income. But if you are buying the properties and then flipping them, you are going to be renovating it and then reselling for a profit. You need to decide exactly how you will be investing in your properties.

  1. Start Small First

As this is a new venture, it makes sense to start small. This can be achieved by making sure you pace yourself. Do not buy beyond your established limits, don’t ever put your entire savings on a down payment because you could be hit with some nasty repairs on maintenance costs that could arise.

  1. Consider Seller-Financing

This method is when a seller finances you and the monthly payments are made to them, an alternative if going to a bank for a loan is not working out for you.

  1. Consider a Partner

If financial assistance is a consideration, then you should look into finding a partner. If you lack the funds, a partner can help in this department. There is also potential that they can help with workloads, and maybe able to bring skilled assets to the table, such as maintenance qualities.

6, Find the Right Properties

OK, so that may seem like an obvious statement that is not even worth detailing on. But the thing is, sometimes in the heat of the moment, when we are excited to be taking on a new venture, we can overlook the simplest of things. When selecting a potential property, research as much as you can, weigh up all pros and cons, and never rush into anything for the sake of it.

  1. Find the Right Location

By now, you are likely aware of the expression Location. Do not just focus on the merits of the property, but also look at the location it is situated in and consider if that could bring or lose value to the property, and how your investment plans may be affected due to this.

  1. Consider Buying as an Owner Occupant

For some, buying an owner-occupant property works out well. When you are starting in real estate it can be very expensive. This is a method that breaks you in with considerably less money. You could choose to buy a primary residence and then rent out the rooms, for example. An owner-occupant load will normally require little cash down, and of course, the tenants will be paying the mortgage. Some investors may live in a home for one year before renting out the property.

Goa has emerged as the preferred destination for homebuyers. All credit goes to its flourishing economy, rich history, enduring culture & traditions, and plentiful sightseeing options. The residential real estate market in Goa offers various options to homebuyers; everything from affordable homes to apartments, luxury penthouses, bungalows and villas in Goa.

Today, villas are gaining popularity and number of people are starting to realize the benefits and pleasures of living in a villa. If you are planning to invest in real estate, here are some of the qualities you should look for before buying luxury villas in Goa and avoid the problems.

  • The Developer

Before anything else, every buyer makes assure that they are choosing an authorized developer. They should know their developers’ reputation in the market before choosing their luxury property in Goa. A reliable home developer always helps you get the most out of your money and will keep you safe from all the legal and financial troubles. Therefore, it is always better that you go through their website, check their previous completed projects, and consider whether the developer is fake or real.

  • Good Architecture

If you have chosen the property that you want to buy, you need to examine more about the property’s architecture before signing any documents. You should also check for the premium amenities such as clubhouse, swimming pool, A/C gyms, Kids play area, Entertainment room, tennis court, Basketball Court, and Round the clock security services as these services adds more value to the luxury villas. Have a look at the amenities provided thoroughly as a house is a One-time investment for anyone.

  • Prime Location

Because of the rising demand of the villas, they have been developed in the prime locations. You should choose the locations, which are proximity to the necessities such as schools. Colleges, hospitals, shopping malls, multiplexes, etc. It not only saves time but also contributes to a comfortable life.

  • Design

Typically, a luxurious villa will be of 4-5 BHK with a Home theater, Sit out Lawn, Servant room and kennel for Pets. You must look out for these features as prospective buyers when shortlisting a villa.

  • Security

You must look out for security features with the use of modern and latest technology equipment such as CCTV cameras, Automatic Gates & Biometric machines, etc. Safety must be the top priority.

  • Consider Budget and Future

If you’re planning to buy apartments in Goa, then don’t forget to consider your own budget and future also. Firstly, understand your budget and think about your future before planning to buy a luxury property in Goa.

If you really need value for your money, you should book your dream house from Zuari Infraworld- one of the renowned company, which offers residential projects in Mysore, Goa, Vrindavan, and Dubai.

Their project Brindavan Serenity is a part of 73 Acre Zuari Garden City project. Brindavan Serenity is expected to complete by 1st Quarter of Year 2020. It offers 2 BHK Villaments (2 BHK Apartment (G+1) in form of Villa). Amenities offered are walking trial, Children play area, Swimming pool, Badminton court.

Facilities offered are DG Power back up, CCTV, ATM, and Water purification plant. Departmental store, Multi-purpose hall, Terrace party area, Gymnasium.

If you are looking for sophisticated and the most modernized luxury villas in Goa, then Zuari Infraworld are here to offer you the best living spaces.

According to a study, wall beds facilitate in 20% expansion of the available area in the room. This, in turn, is projected to lead the shift towards these bed in the upcoming future. Apart from commercial applications, massive demand generation from the hospitality sector is anticipated to further expedite the growth of the wall bed market in the years to come. With the growing trends of solo trips and affordable vacation stays, industry leaders are anticipated to invest in wall beds to optimize their returns on investments across the review period. Thus, it is anticipated to augment the market.

Skyrocketing costs of properties have compelled the masses has led to the development of small-sized apartments or stores that requires optimum utilization of space. In order to address the need of the consumers, furniture market players are endeavoring to introduce space saving furniture such as wall beds. As per the study offered by Market Research Future (MRFR), the Global Wall Bed Market is expected to exhibit a moderate CAGR over the forecast period 2016 to 2027.

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The ongoing trend of coffin home sin Honk Kong represents a horrifying picture of the reality of shrinking homes. Buying homes have become unaffordable in certain parts of the world while most of the developing regions are under the burden of overpriced properties. Increasing population is another major factor that is fueling property prices. All these factors have contributed to the increasing growth of the wall bed market. A similar trend is expected to be exhibited over the next couple of years. In addition, investments in marketing strategies to promote the availability and adoption of space saving furniture is expected to favor the proliferation of the market.

Leading Key Players:

The global players contributing towards the development of the global wall bed market and profiled in this MRFR report are

  • Murphy (U.S.)
  • Clei UK (UK)
  • The London Wallbed Company (UK)
  • Costco Wholesale Corporation (U.S.)
  • SICO Inc. (U.S.)
  • The WallBed Company (Australia)
  • FlyingBeds International (U.S.)
  • Wall Beds Manufacturing (U.S.)
Global Wall Bed Market Information, by Single Wall bed (2ft, 2.5ft, 3ft, 3.5ft), by Double Wall bed (4ft, 5ft, more than 5ft), by Application (Residential & Non-Residential), by Region (North America, Europe, Asia-Pacific, RoW) – Forecast 2016-2027

Market Segmentation:

By single wall bed, the global wall bed market has been segmented into 2ft, 2.5ft, 3ft, and 3.5ft.

By application, the global wall bed market has been segmented into residential and non-residential. The non-residential segment is further sub-segmented into guest houses, hospitals, restaurants among others.

By double wall bed, the wall bed market has been segmented into 4ft, 5ft, more than 5ft.

Industry Innovation:

In May 2019, in a bid to transform into a home furnishings company, DreamCloud Holding, which encompasses mattress and rug brands Nectar, has rebranded as ‘Resident.’

In May 2019, a new coworking space that doubles as a furniture showroom is inaugurated in Lancaster city, South Central Pennsylvania.

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Regional Analysis:

The global wall bed market, by region, has been segmented into four regions, viz. North America, Europe, Asia Pacific, and the Rest of the World (RoW). Furthermore, the current scenario of increasing migrants in North America and Europe are expected to create demand for more compact residential properties. These housing structures require multi-purpose furniture, which is anticipated to accelerate revenue creation for participants of the wall bed market. North America is currently holding the maximum market share owing to changes in lifestyle. The population has signified changes in preferences owing to the rising need for space at homes. This, in turn, has been projected to catalyze the growth of the wall bed market over the next couple of years.

About Market Research Future: 

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.


Market Research Future

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Email: [email protected]

Online Retirement Calculator in India

Will I have enough money to retire on? Will I be able to enjoy a happy and fairly secure old age? These are some common question that people who are nearing their retirement age always ask themselves. While there are several financial services companies that offer a retirement calculator, free of charge. This is obviously for helping people calculate how much money they would have/require for their retirement. There are quite a few online retirement calculators in India by many established financial services company which offer accurate results. These calculators help create an approximate retirement plan, by taking into account, how much they need to invest and through which investment tool.

There are several investment tools available these days, most of which would be able to help people to save up an adequate amount for his retirement days. A person may invest in mutual funds; Mutual funds are quite popular for people who want to create wealth over the long term.

It is said that mutual funds represent a hands-off approach to entering the equity market.

What is a mutual fund?

A mutual fund is a trust that combines the savings of numerous investors, who share a common financial goal. The amount of money required to be invested does not have to be a huge amount. People can invest even a few hundred rupees. The pooled money is then invested by the Fund Manager, in financial securities of several different types, which may include shares, debentures or money market instruments, or a combination of several. All of this will be very clearly stated in the objective of the scheme. It is a must that you go through all the information provided before you decide to invest.

Company Fixed Deposits

Another great investment tool can be said to be company fixed deposits, which are deposits in specific companies. These fixed deposits earn a “fixed rate of return”, over a specific period of time. These fixed deposits are accepted by Non-Banking Finance Companies (NBFCs) and Financial Institutions.

Advantages of investing your money through this tool are high-interest yields, the minimum lock-in period of only 6 months, and no income tax is deducted at source if the interest income is up to INR 5,000 in a single financial year.

Both of the above can be considered by people who have used retirement calculators in India and are now looking to plan a stress-free life for themselves after they retire from their working lives. Choose a combination of these and more for reaching your financial goals successfully!