Dream of steady income without a boss? Discover the magic of SWP and how to achieve your financial freedom and ₹40,000 monthly income.
Imagine ₹40,000 hitting your bank every month, effortlessly. Many seek financial freedom – but what's the magic number to make it real?
Systematic Withdrawal Plan (SWP) lets you take regular income from mutual funds. Unlike FDs, your principal can still grow, fighting inflation!
To get ₹40,000 monthly (₹4.8 Lakhs/year): You'll need ₹60-80 Lakhs, depending on a safe withdrawal rate (6-8% annually) from your corpus.
Disciplined SIPs in Flexi-Cap or Large & Mid-Cap equity funds are key. Start early, invest consistently, and de-risk as you approach your goal.
Inflation will erode your income. Build a larger corpus, consider Step-Up SWP. Avoid high withdrawal rates and ignoring periodic reviews.
Calculate your path to financial freedom! Use our Goal SIP & SIP Calculators at sipplancalculator.in to start planning today!