How much lumpsum mutual fund do you need for a comfortable ₹50,000 monthly income? Let's break down the essential steps for your worry-free retirement!
₹50K today won't buy the same tomorrow. In 25 yrs, you might need ₹1.7 lakhs/month for the same lifestyle. Don't let inflation derail your plans!
A Systematic Withdrawal Plan (SWP) pays you monthly from your corpus. Aim for a 4-6% annual withdrawal rate to make your fund last, countering inflation.
Equity mutual funds via SIPs are crucial for long-term growth to reach a multi-crore corpus. Start early and leverage compounding power! De-risk closer to retirement.
Your exact lumpsum depends on age, retirement age, life expectancy, inflation, expected returns, and other income. Use a calculator for a precise plan.
Don't ignore inflation, be too conservative, over-withdraw, forget healthcare, or panic sell. Patience and discipline are your best friends in this journey.
Ready to secure your future? Use our free SIP & retirement goal calculators at sipplancalculator.in to turn dreams into concrete financial goals!