SWP for steady income post-retirement
The New Indian Express Mysuru
|May 26, 2025
Under a Systematic Withdrawal Plan, one can invest a lump sum in MF & withdraw a fixed amount monthly
FINANCIAL discipline is crucial after the age of 60 to ensure your retirement corpus lasts. At the same time, smart investment choices can make your retirement years more financially secure. A steady cash flow becomes essential to meet monthly expenses during retirement.
Not everyone may have opted for a pension plan during their working years, and therefore might lack a regular source of income post-retirement. However, if you have built a sizeable corpus, you can still create a regular cash flow through effective investment planning. One smart strategy is a Systematic Withdrawal Plan (SWP).
This story is from the May 26, 2025 edition of The New Indian Express Mysuru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Mysuru
The New Indian Express Mysuru
Names of 16L MGNREGS workers out
ABOUT a month before the Centre introduced the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, 2025, in the Lok Sabha to replace the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), official data shows that more than 16.3 lakh workers were removed from the scheme rolls in the preceding 36 days.
1 mins
December 19, 2025
The New Indian Express Mysuru
Live-in relationship not illegal, state’s duty to protect every citizen, says HC
THE Allahabad High Court came to the rescue of 12 women, who were in live-in relationships and had petitioned the court seeking protection, fearing a threat to their lives.
1 mins
December 19, 2025
The New Indian Express Mysuru
U’khand youth forced to join Russia war, dies
A 30-year-old Uttarakhand man, who went to Russia on a student visa for higher studies, died after he was allegedly forced to join the Russian army for Ukraine war.
1 min
December 19, 2025
The New Indian Express Mysuru
Kishan's statement ton helps Jharkhand lift title
OUT-OF-FAVOUR India wicketkeeper-batter Ishan Kishan made a compelling case for a T20I recall with a belligerent hundred to power Jharkhand to their maiden Syed Mushtaq Ali Trophy title with a 69-run victory over Haryana on Thursday.
1 min
December 19, 2025
The New Indian Express Mysuru
Ace sculptor Ram V Sutar passes away at 100
RENOWNED sculptor Ram Vanji Sutar, best known for designing the Statue of Unity -- world's tallest statue -- in Gujarat, passed away at his Noida residence late on Wednesday night.
1 mins
December 19, 2025
The New Indian Express Mysuru
Mamata to rename her govt-funded job scheme after Mahatma Gandhi
WEST Bengal Chief Minister Mamata Banerjee on Thursday said that her government would rename a state-funded job guarantee scheme after Mahatma Gandhi, a statement made amid the ongoing row over the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill (G RAM G Bill 2025).
1 min
December 19, 2025
The New Indian Express Mysuru
CCI will launch probe into IndiGo for ‘abusing its dominant position’
THE Competition Commission of India (CCI), a regulatory body under the Ministry of Corporate Affairs, will probe the practices of India's largest domestic airline, IndiGo, to assess whether it has abused its dominant position in the aviation sector.
1 min
December 19, 2025
The New Indian Express Mysuru
ELOQUENT SILENCE OF CONSTITUTIONS
LUDWIG Wittgenstein famously concluded his Tractatus Logico-Philosophicus with the injunction: \"Whereof one cannot speak, thereof one must be silent.\"
3 mins
December 19, 2025
The New Indian Express Mysuru
India says will help Afghanistan with vax, med
Support over the past four years to Kabul
2 mins
December 19, 2025
The New Indian Express Mysuru
Aus PM vows hate speech crackdown after Bondi attack
Man of Indian orgin too helped disarm an assailant during the Sydney beach massacre
2 mins
December 19, 2025
Listen
Translate
Change font size

