Yes, it's possible! Discover how salaried professionals can achieve financial freedom through smart mutual fund investments. Your consistent income is just steps away.
To get ₹20,000/month (₹2.4 Lakhs/year) sustainably, aim for a ₹37-40 Lakh corpus. A 6.5% annual withdrawal rate keeps your investments healthy & growing.
Consistent SIPs in equity mutual funds are your secret. ₹8,000/month for 15 yrs @12% can build ₹40.4 Lakhs! Start early, let compounding work wonders for you.
For corpus building, consider Flexi-cap funds for flexibility, Large-cap for stability, or ELSS for tax benefits (80C). Always diversify wisely to spread risk.
Once built, use a Systematic Withdrawal Plan (SWP). Instruct your fund to pay you ₹20,000 monthly. Shift to less volatile options like Balanced Advantage Funds for stability.
Avoid starting late, chasing hot funds, lack of diversification, or panic selling. Remember inflation and review your portfolio regularly for long-term success.
Ready to plan your ₹20,000/month goal? Visit sipplancalculator.in to use powerful SIP, Goal, and Step-Up calculators. Invest smart, live free! (Mutual funds subject to market risks.)