Retirement planning with SWP
In the future, we need more monthly funds to run the family. After retirement, every day will be like Sunday. And Sundays there would be more expenses when compared to weekdays. Plan your retirement now before it is too late. Planning at the proper time helps you to accumulate more funds required for the future.
There are many other investments for retirement but to beat inflation, Sip in Mutual Funds is the only way available.
Start investing Rs. 3000/- to Rs. 5000/- per month for the next 25 to 30 years. Mutual Funds returns are subject to market conditions but considering the past performance, Mutual Funds returns are ok.
After retirement, every day you may need approx. Rs. 2000/- per day food for self and spouse which may be around roughly Rs. 4,50,000/- per annum. Food habit also changes as per their lifestyle. With inflation running beyond imagination, one family may need more than Rs. 30 to 40 lakhs per year after retirement.
