Retirement, the other word for getting relaxed and free of all your responsibility. No doubt, people work hard to earn more and also saves a lot to accomplish their responsibilities, but their saving doesn’t beat the height of increased inflation over days and often fail to take a stand for their dreams.
Ultimately, after their retirement also, they didn't retire, as their responsibilities are yet to be completed. Well, do you know, investing in mutual funds helps you to get free of your responsibility, that too before you retire! Read the blog to know how to retire early through mutual fund investment.
There are many fundamental duties associated with an individual like health responsibility, education responsibility, house responsibility and many more, people spend their whole life earning, spending and completing these basic necessities. They also save a part of their earning, but their saving fails to beat the increasing inflation of the products and services.
This all brings a feeling of sorrow and sadness among the people, due to which, sometimes they tend to work after their retirement.
Well, why to work after the age of retirement when you can retire early from the specified age! Yes, investment in a mutual fund, don’t save money for you, rather it lets your invested money to earn for you, and generate a good return, that is enough to tackle your future goals, till you attain your retirement.
Most importantly, mutual fund investment is featured for beating the inflation rate, so when you are investing in mutual funds, you don’t need to worry about the inflation, say it, increase how much you can, my investment is there to defeat you.
People mostly save money, with the motive to be ready to face any kind of emergency like a medical emergency. In today's era, this very emergency is known to eat up all your savings, but dear mutual fund investment helps in overcoming this very drastic phase of one's life.
You can prepare yourself to face a medical emergency by investing in mutual fund schemes. You must be thinking that mutual fund investments are carried for fixed years, what if I would face a medical emergency in mid-term?
To your surprise I want to tell you that mutual fund investments are liquid in nature, that is you can easily redeem your fund units, at the time of emergency. The redemption cost of the unit is decided on the basis of the current market value of the asset.
The second biggest need for ones saving is to accomplish the education expenses of their child. Each and every individual wants the best education for their child, to give a bright future to them. With the increasing competition in the education sector, the price to attain it is increasing extensively. School expenses, college expenses, coaching expenses, all increases day by day, but you should know that your investment plan, can prepare you to give the best education to your child.
Like, suppose you started your investment in a mutual fund, when your child was 5 years, at the time when your child will go to college to pursue degrees like B. Tech, MBA, MBBS, you would have enough money, to carry the college expense. In case you invest in your child’s education, you don’t need to go for a loan option, and we all are aware that taking a loan is easy but paying its interest is like counting a bowl of rice! Obviously, you can count, but at the expense of your effort and time.
Mutual fund investment not only plans for health and education plans, but they are preferred for future investment plans like expenses after retirement, house construction and many more. When you save money, you store your money, but when you invest your money, your money does work for you and multiplies itself positively. Not only mutual fund investment brings good profit to you, but its presence, lets you enjoy all the fun in your life.
So, if you want to retire early, start your mutual fund investment, in fact, start your mutual fund investment today with SIP mode, remove the burden of one time and heavy payment, stay invested for long period, and see how the table turns up for you.
Invest in mutual funds and relax, now you can retire early from your big responsibility, as your invested money is working to accomplish your responsibility!
(Mutual Fund investments are subject to market risk. Kindly read all the related documents carefully before investing. Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns)