Planning your Retirement with Freedom SIP

Thinking of building a retirement corpus? In a world where asset prices are increasingly turning volatile and hard to predict on a longterm basis, the task of retirement planning--for generating regular cash flow to cover for the daily expenditure from a passive investment-- is becoming an onerous task.

ICICI PRUDENTIAL MUTUAL FUND

The conventional way--interest income from fixed deposits--to maintain a dignified middleclass lifestyle into the retirement years is no longer secure. The reason being the trajectory of interest rate in the current environment. It’s tough even for the developed nations to forecast interest rate trajectory for the next 15-20 years, let alone developing nations. Likewise, inflation, which largely exists in the Emerging Markets universe, has become a worldwide phenomenon. The developed markets’ central banks are laden with tons of data, making it difficult for them to understand—if the rising prices are going to be ‘sticky’ or ‘transitory’. 

The conventional way--interest income from fixed deposits--to maintain a dignified middleclass lifestyle into the retirement years is no longer secure. The reason being the trajectory of interest rate in the current environment. It’s tough even for the developed nations to forecast interest rate trajectory for the next 15-20 years, let alone developing nations. Likewise, inflation, which largely exists in the Emerging Markets universe, has become a worldwide phenomenon. The developed markets’ central banks are laden with tons of data, making it difficult for them to understand—if the rising prices are going to be ‘sticky’ or ‘transitory’.