When you sow seeds, you don’t expect the tree to grow the next minute, do you? This is the case with investments. You will need to investment small amounts at periodic intervals to get good savings. Guaranteed Income Plan is the seed that will give you good wealth accumulation at the end of the tenure selected.
Let’s take a look at how GIP works with the help of an example
This example shows how guaranteed income plan generates approximately 3 times the amount you have invested in the said period. This amount takes into consideration following factors
Selecting GIP
Smart investors’ forum advices and suggests guaranteed income plan to its clientele. Besides your general profile we will need details on age, salary, type of job, and financial goals to help you choose the right plan.
The risk is relatively lower, and the guarantee of an income at the end of the tenure is what seems attractive about this plan.If you are planning to choose GIP, contact our expert panel for suggestions.