Shaghil Bilali
If you have a Rs 4.5 cr retirement corpus, can you get Rs 4 lakh monthly income?
For retirees looking to maximise their post-tax earnings, allocating a Rs 4.5 cr corpus into mutual funds is a viable option. Utilising a bucket strategy allows for an effective diversification across various fund types—liquid, debt, and equity—facilitating consistent income generation. This tactic not only mitigates tax exposure more efficiently than fixed deposits but also yields tax exemptions on capital gains.
- Shaghil Bilali
- THE ECONOMIC TIMES
From Rs 50,000 salary to Rs 5 crore retirement corpus: How long it may take to build wealth
Building a Rs 5 crore retirement corpus on a Rs 50,000 salary is achievable with disciplined investing, time and strategy. Investing 30% of your salary monthly via SIP may take 31 years, but a 7% annual step-up can cut it to 25–26 years. Experts say higher savings, better returns and periodic reviews accelerate wealth creation, while asset allocation and risk appetite play a crucial role in long-term success.
- Shaghil Bilali
- THE ECONOMIC TIMES