Retirement Planning: Will Rs 5 crore retirement corpus be sufficient for you? Know why it may not
Retirement Planning: How much is Rs 5 crore? To put it into perspective, if you invest it in a mutual fund from which your expected annualised return is 7 per cent and start a systematic withdrawal plan (SWP), you can draw a monthly estimated income of Rs 330,700 for 30 years. If you invest it…