8 Ways To Ensure Sustained Cash Flow

Outlook Money

Diversify Income Sources

Explore multiple income sources, such as part-time jobs, investments, etc.

Income Sources

Emergency Fund

Maintain an emergency fund to cover unexpected expenses, annulling the need to tap into your monthly budget.

Emergency Fund

Track Your Expenses

Track your income and expenses to ensure you live within your means.

Tracking Expenses

Right Investment Product 

Choose the right investment products to generate regular cash flows after retirement.

Multiple Investment Options

Mutual Fund SWP

Opt for a Systematic Withdrawal Plan (SWP) for your mutual funds to ensure regular cash flows.

Mutual Funds

Reverse Mortgage Loan

One can opt for this loan to ensure cash flows; bank assigns a value to your property and agrees to pay an amount every month in installments.

Reverse Mortgage

Reduce Expenses

Reduce expenses by shifting to a smaller home or town, avoid new loans and use tax-saving instruments to save money.

Cutting Costs

Health Insurance

Health insurance can cover your unexpected medical expenses and reduce the impact on your cash flow.

Compiled By Avijit Gupta

Health Insurance