Knowledgeable Story

Ninad RamdasiCategories: DSIJ_Magazine_Web, DSIJMagazine_App, Letters to Editor, MF - Letter to Editor, Mutual Fundjoin us on whatsappfollow us on googleprefered on google

Knowledgeable Story

Your cover story on retirement planning was quite comprehensive, but I would like to understand how to select mutual funds after retirement.

I am a retired person. Your cover story on retirement planning was quite comprehensive, but I would like to understand how to select mutual funds after retirement. - Ramnik Katariya. 

Editor Responds : As a retired individual you should first understand your risk appetite. Further, list down your monthly expenses and any financial goals that you may want to pursue. Then invest your assets by distributing them between a good pension plan (this will help you take care of your fixed monthly expenses) and mutual funds that will help you in growing your wealth, in turn aiding achievement of your financial goals, if any