Plus, there is no guarantee to get consistent dividends from dividend mutual funds since it is based on the realized gains. Since I am invested in the stock market I opted out the financial advisory services of Advisorymandi. So, I asked the same question to my financial advisor and he suggested to me the same thing to invest in the systematic withdrawal plan.
But, I’m still confused over this. After all, I can’t just simply invest big capital in anything. So, plz help me out on this one.