https://www.investmentjunctions.com/: Plan for your Financial Independence

By 2031, the population of people more than 65 years old is expected to grow the fastest (75%) among all the age groups. The only way to ensure a safety net for the golden years is by fast-tracking financial freedom by investing as much money as early and frequently as one can. It is necessary to create a stream of passive income which will take create of one’s lifestyle needs. Your active income (Salary, Business or Professional Income) does not provide a guarantee of future returns. The savings (Passive Income) you make that’s the passive income it is used at the time of emergency and never stays stable and keeps decreasing. Freedom adds the benefits here. They will never let your ‘Passive Income’ i.e. savings decrease they will stay constant or increase.

Let me share a story with you all. One of our clients Mr. Dinesh Mishra (24 years) asked for a Passive income source after 15 years for his Mother’s pension. As he has lost his father last year (2021) in an accident. Mr. Mishra as a single child has to face all the liabilities and side by side he has to save for his marriage also. After 15 years he will have a family (wife & children) and more liabilities. In this aspect, he wants to secure a regular cash flow for his mother. Understanding his situation we have proposed a concept where hehas to invest 10000/- per month regularly in a disciplined manner through a Systematic Investment Plan (SIP) and enjoy the benefits of a monthly cash flow of 30000/- for his Mother via a Systematic Withdrawal Plan (SWP) post completion of SIP period after 15 years. This concept is known as Freedom SIP.

Freedom SIP comprises of three processes:

a. SIP: SIP will be registered into an open-ended equity, hybrid or fund of funds scheme for a pre-defined period of either 8 years, 10 years, 12 years or 15 years under the monthly frequency. The minimum amount for SIP shall be the minimum Monthly SIP installments amount for the respective schemes.

b. Switch: On completion of the chosen SIP period, the units accumulated through Freedom SIP shall be transferred to the selected target scheme.

c. SWP: Post the transfer, SWP is to be activated for an amount which is as per the matrix below or as per the amount mentioned by the investor in the mandate form.

Freedom SIP has four options. 8,10,12 or 15 years.

When you start investing in freedom SIP remember that if the market goes down there will be no effect on your future return. The amount will remain the same. The concept is made in such a manner that it can sustain in all market conditions. After doing lots of research work then only this plan is introduced by ICICI. Start investing today, call us for further Q&A .

Raja Bhattacharjee

Email: investment.junctions@gmail.com

Phone: 09830146206

Office : 09681518774 / 7449858289