Dreaming of peaceful mornings and no work emails? Discover if generating ₹1 Lakh/month from your mutual funds post-retirement is possible and how to achieve it.
To sustainably withdraw ₹1 Lakh/month (₹12 Lakhs/year), aim for a corpus of ₹2.4 Crore, assuming a 5% withdrawal rate. Inflation adjustment is crucial for future needs.
Systematic Investment Plans (SIPs) are key. Start early, invest consistently, and use 'step-up' SIPs to reach your multi-crore target faster. Time is your biggest ally!
Diversify with Flexi-cap, Large & Mid-cap, and Index Funds. As retirement nears, shift towards Balanced Advantage Funds and debt. Asset allocation evolves!
Implement a Systematic Withdrawal Plan (SWP) to get a 'salary' from your corpus. A blended portfolio of hybrid & debt funds balances growth and stability. Mind the taxes!
Don't just retire, thrive! Factor in inflation, mitigate market volatility (sequence of returns risk), and regularly review your portfolio. Stay engaged for longevity.
Your future self will thank you! Don't wait, start mapping your retirement today. Use our SIP & Goal calculators at sipplancalculator.in to plan your financial freedom.