10 Retirement Income Strategies | ET Money

[@MaryOlson7]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...

[@MaryOlson7]

@sojakia That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

[@MaryOlson7]

@sojakia I will give this a look, thanks a bunch for sharing.

[@Patricia-Margaret]

@@MaryOlson7 Alice Marie Coraggio her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy

[@donnabrannan1448]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...

[@donnabrannan1448]

@charlotteelizabeth6830 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time.MARTHA ALONSO HARA, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.

[@donnabrannan1448]

@charlotteelizabeth6830 MARTHA ALONSO HARA

[@donnabrannan1448]

Lookup with her name on the webpage

[@satyam-evajayate438]

Wow. I've been investing in equity and debt mutual funds for retirement (perhaps in 2035) through SWP, this helps to learn and share among society for knowledge sharing. Thank you ETMoney!

[@ETMONEY]

Glad it was helpful!

[@NiharMayekar]

Top class as always 👏 sir

[@ETMONEY]

Thank you

[@ganeshr8851]

Very good investment options not only retirees, but also for those who are above 45 years for creating a good corpus . Thank you for a detailed presentation...

[@ETMONEY]

Our pleasure! Thanks for the appreciation!

[@koustuvdutta]

Excellent video. All round information in a compact form!

[@ETMONEY]

Glad you enjoyed it! Thanks for the appreciation

[@tamalbasu8989]

Wonderfully explained.waiting for more such videos.

[@sureshraghava2607]

Excellent information. Bravo, keep going and helping your viewers and followers !

[@ETMONEY]

Thanks, will do!

[@RAMKUMAR-ry6qr]

Top class... everything and every feasible option covered.

[@ETMONEY]

Thank you

[@AjayKumar-gt1eq]

Kindly keep updating this video periodically

[@ETMONEY]

Will do

[@snmurugesan6691]

Your videos are always packed with lots of very needed information to know. Thank you so much.

[@raviiyer68]

Thanx so much for enlightening

[@shivakumarmath]

Very interesting video on retirement products and plans, crystal clear as well nicely presented. Govt. Suppose to educate public on the same. Shankar and team has done a very good job 👏 👍 and always a step ahead on sharing such valuable information to it's ET money viewers. This video deserves 5 Star rating.

[@ramyasri6093]

true

[@ETMONEY]

Thank you very much Shivakumar S S Math. It's such sincere appreciation that continues to motivate us and subsides some of the trolls & unruly comments we receive. We look forward to your continued patronage and encouragement

[@ganeshseshan2618]

Another excellent Video on retirement income strategies by ET Money team. Thanks a ton.

[@ETMONEY]

Glad you liked it!

[@rajivtrivedi585]

Excellent sir...Thanks with high Appreciation

[@ETMONEY]

Most welcome. Thx for liking

[@milavbhavsar1189]

I'm waiting for swp feature in ET money genius portfolios. SWP should be designed in such a way that it automatically rebalance portfolio...

[@neelamvalecha4837]

Excellent coverage

[@ETMONEY]

Thanks a lot 😊

[@hemantkalra8841]

Very useful video for retirees .Explained in a lucid way

[@ETMONEY]

Glad it was helpful!

[@subhashpareek9798]

Very good.

[@ETMONEY]

Thanks!

[@prakashkulkarni6224]

Nice one. Very interesting too.

[@ETMONEY]

Thanks for watching

[@biswanathpradhan7549]

Very informative 👍

[@sudiptapatel4409]

Just love the simplicity of explanation.

[@ETMONEY]

Glad you liked it!

[@jayadevtn1987]

Thank you for the informative video.. Will need to plan for parents

[@ETMONEY]

Glad it was helpful!

[@prakashraghunathan2685]

Thank you Sankar sir once again for the most important topic .it will be useful to me.

[@ETMONEY]

Always welcome. Glad you liked it

[@biswanathpradhan7549]

Very good as usual. 👍

[@ETMONEY]

Thanks a lot 😊

[@deepakkumarverma8401]

Kaise karen invest matual fund mein

[@ETMONEY]

Use ET Money app

[@rakeshswain4504]

Great things to learn

[@ETMONEY]

Glad you liked it

[@ahamedkabir2006]

What about equitas small finance Bank deposit is safe?

[@satyam-evajayate438]

Money up to 5 lakh is safe per bank. Government of India will not support above 5 lakhs per bank. Hence it's wise to use multiple banks for safety!

[@stcoktin]

Hi Shankar, I am a senior citizen and already an investor in your Genius Growth and High Growth plans, specifying the periods of investment. Can one generate a SWP plan post this period? Either from your app or with correspondence? This of course after building some corpus and the commited period.

[@ETMONEY]

Hello Yatin Thaggarse. Yes, I remember. We had interacted before on some Genius queries. Currently, there is no automated SWP feature on our platform. In terms of alternatives, maybe an SWP can be setup from the AMC website itself. I have not tried it myself

[@AbhijitPattanayak]

This is a good point Yatin sir. A SWP for both MF/ Stocks portfolios will be great after required Corpus accumulation.

[@ramyasri6093]

sir. where can we buy the government securities?

[@ETMONEY]

Lots of places. You can purchase using mutual funds (Gilt category), use a Retail Direct Gilt account (we have a video on that), trading platforms offer this facility (i.e. secondary transactions), think even banks allow it etc.

[@satyam-evajayate438]

In current scenario GILT mutual funds are not advisable, as returns are inversely proportional to interest rates.

[@anilkumarsingh7893]

thanks.

[@ETMONEY]

Welcome!

[@eprabhat]

Can arbitrage fund SWP be used for efficient tax adjusted returns

[@ETMONEY]

Sure. Arbitrage funds generally are like a parking lot .. and investors use it tactfully to move in and out of investments. I generally see used for tactical deployment and not long-term investment as the returns offered are in the 5-7% range. But yes, you do have a point.

[@mohitbohra2950]

Very useful viedeo

[@ETMONEY]

Glad you liked it

[@engineerv3248]

Any idea NPS offering SWP in lieu of Annuity? I heard the PFRDA chairman briefing the same in the past.

[@gnsrikanth]

I’m big fan of your videos Thanks for wonderful content 😀 Can you give your view on nasdaq mutual found and It thematic founds?

[@manmohankhetan6019]

Need your expert guidance. I retired couple of months back. Filled up exit form of NPS and asked for ANNUITY for 100% of my corpus. But NPS has only utilized 40% of corpus for payment of Annuity. I have been told by NPS that corpus more than 40% can't be utilised for ANNUITY. I sincerely doubt this position

[@ETMONEY]

Not sure if there are any differential rules for private v central govt v state govt employees etc. but from what we have read you to apply atleast 40% in purchase of annuity. So technically you can have 100% of your NPS corpus into an annuity

[@madhurireddy1246]

Hello ET money can you make video on how logically one can get monthly income of 2 lakhs with what amount of investments would be needed

[@mssumitrapal]

About reverse mortgage, can nri avail this option? I am a nri, OCI (overseas citizn of India) with canadian passport. I have a parental property jointly owned with my brother. Can i get reverse mortgage on 50% portion of the property?

[@ETMONEY]

Hi. Different banks have different underwriting rules. You'll have to check with your bank or scout for one that may allow this.

[@WorldgeopoliticsbyPrashant]

Let's say If my Capital Gain of 40,00,000 this year by selling MF by SWP. Then my capital gain will be 10% that is 4,00,000. Will my rest 36,00,000 will be considered in my Income and taxed as per various tax slab??

[@2011XXXXXXX]

the answer is No.. although it does come under income.. it is a special income.. so only capital gain is taxed..

[@WorldgeopoliticsbyPrashant]

@@2011XXXXXXX Thanks for your answer brother. 👍😊

[@vajrakumarr4182]

Sir, can ypu please make a video on superannuation with its tax benefits?

[@WorldgeopoliticsbyPrashant]

Thanks for such a wonderful session sir. Can you kindly make a video Particularly on various passive income, one can opt for? Including Nft and all

[@ETMONEY]

Thank you

[@Mvishwanath1]

just an FYI - In SCSS the depsit once made is locked at that perticular intrest rate and does not change as shown in the video.

[@saubhagyaballav9619]

The applicable interest rates are reviewed and updated on a quarterly basis as explained in the video.

[@ETMONEY]

Hi vishu m - can you pls share the source of your contention?

[@funclips_for_all]

This is wrong information, Interest rates keeps on changing

[@randotuber]

@@ETMONEY I think what he is saying is that once you invest in SCSS, that particular investment is locked at the prevailing rate for the full duration of the deposit, i.e. 5 years. While the government may increase or decrease rates on a quarterly basis, the locked-in deposit would be freezed at the initially contracted interest rate.

[@Pankajnarsinghpur]

Thanks for your hard work in providing valuable information to general people for free. 🙏

[@ETMONEY]

It's our pleasure. Very happy to know that you found the video useful.

[@ramyasri6093]

sir. i think PMVVY is already closed

[@ETMONEY]

Hi. Can you do a recheck pls? Articles suggest that its 31.03.2023 (www.financialexpress.com/money/lic-pmvvy-plan-for-rs-15-lakh-rs-9250-month-pension-and-total-cashback-after-10-years-heres-how-to-buy/2256837/)

[@DivyanshuSaraph]

Learnt a few new things. Thank you for this video!

[@ETMONEY]

Our pleasure. Glad it was helpful!

[@rakkuwin]

Sir please help ..ive exported external mutual fund to etmoney but its not showing updated investment what should I do 🙏🙏🙏🙏🙏🙏plz plz

[@ETMONEY]

Please raise a ticket on the app itself or write to [e-mail]

[@anirudhalewoor6834]

Hello team Thanks for sharing this video , I’ve been asking this from sometime now !!

[@anilshenoy5859]

Mr. Shankar RBI flexible interest bond is also a good option for retirees. I think this is a better option as the interest rate is flexible and with rising interest rate it will benefit the investor.

[@soumyajitchowdhury2807]

But interest rates can go down also in the course of 7 years of lock in.

[@thejasvivondivillu6302]

Thank you sir for compiling many options that a Senior Citizen can use to generate regular and steady income for many years. Kindly detail the Reverse Mortgage scheme offered as that will help many. 💐💐💐

[@ETMONEY]

You are most welcome

[@9943148262]

Dear ET Money Team, I would like to more understand about the stock + ETF SIP / Lumpsum through ET money Genius and how the rebalancing works . Does rebalancing means selling one stock and adding new stock to the portfolio also in that case it will be considered as short term capital gain right , even if it rebalances once in every month we need to keep track of this short term capital gain correct ? Is it possible to make a separate video about this approach and differentiate hoe rebalancing works in SIP / Lumpsum Model . In case of mutual fund fund house rebalances their portfolio and update the NAV and from investor perspective it will not be considered as redemption and we do need to worry about tracking the gains unless we redeem the mutual fund units wantedly . Appreciate if this can be clarified . I would like to understand the concepts fully before start investing in to this , But i really like the idea and approach . Thanks

[@ETMONEY]

Dear Rajasekar V - we've answered large parts of this question (and dozens of more questions) in our Genius video. Appreciate if you can access that pls (link: kzbin.info/www/bejne/hpmnYqmjed12haM) Specific to your Qs: 1. We already have a conceptual video on rebalancing. Pls watch it at kzbin.info/www/bejne/Z5WceGqKq81sqbM 2. Yes, short term or long term capital gain will be applicable when rebalancing happens. Ofcourse, tax is only paid on gains made and if losses are booked, then one can use it for setting-off gains. This would have been a problem for our model 4 years back when STCG was 15% and LTCG was 0% .. but with a 15%/10% splitting, this is not much of a concern. This means, if Genius books profits in a way that the gains are over 5% than what an investor would have generally made, then we are a good use case for the investing services. As our data shows on the app .. the performance of Genius is a lot higher 3. Oh, I don't think tracking will be a problem. In the case of mutual funds, the capital gains statement will give you this information in a second. And in case of stocks, it is the same case (this stocks part might depend on the trading account you use; I use zerodha and I was able to download the capital gain statement from console.zerodha.com) Hope this helps. Thanks for your appreciation of Genius. Hope you like it

[@kishorshinde2044]

Thanks for this video. It'll be guiding light for retiree's to plan for stable income with safety of their investment.

[@ETMONEY]

Glad it was helpful! Thx for the appreciation

[@vseemsiddiqui260]

We can invest in mutual fund after 60 yrs

[@ETMONEY]

Yes ofcourse

[@gopaladitya9842]

U should make ur video also in Hindi so that everyone can take its benefits

[@akshayrao7097]

There is a seperate Hindi channel too where they put out videos

[@sumithpmathew2358]

How can non hindi speakers take advantage if videos are in Hindi?

[@ETMONEY]

हमने हाल ही में एक हिंदी KZbin channel शुरू किया है। कृपया लिंक पर क्लिक करें और हमारे हिंदी चैनल को subscribe करना न भूलें kzbin.info/door/zWtyDo9KmEC1JoAqa1LIEwvideos

[@dollysawlani2026]

pls make on ur app swp returns like ur team have done for sip returns 1 yr to since inception returns, I understand it's hard but my wishes for ur complete team

[@ETMONEY]

Hi. Will certainly pass on your suggestion to the product team.

[@swapankumarpoddar8209]

If you have to depend entirely on returns from Government securities, you will go bankrupt in less than 12 years. Inflation will erode your capital slowly but surely.

[@sanjayshrivastava1989]

😊

[@Harshil_Rakesh_Jai_Mata_Di]

Sir, Why Et money did not give free genius features to everyone who want to invest by ET money app. Genius features should be free for every customer of et money .

[@paromitabiswasdas8761]

Sir, can you suggest some post retirement policies for high income groups

[@vijayshukla6706]

We do expect such videos for NRIs as most of the schemes discussed by you is not applicable to NRIs.

[@baladreams9000]

Sir , you are mentioning about risk factors for AAA Rating company by many of registered authorities. Now can you say about DHFL. That was the best nominated and they was ready to pay back for investors. RBI made stupid decisions

[@pinakpani1]

Nicely explained.