This document discusses how an average family spending Rs. 15,000 per month today can prepare for retirement in 15 years when their expenses are expected to be Rs. 62,000 per month due to inflation. Investing Rs. 15,000 per month in different instruments like equity mutual funds offering average returns of 18.75% can generate around Rs. 2 crore 79 lakh in 15 years. Investing this amount at 8% interest would provide Rs. 1.86 lakh in monthly interest income, enough to cover expected monthly retirement expenses of Rs. 62,000 and have Rs. 1 lakh remaining to invest or spend each month without having to work. The key is to spend equal to what you invest now so
14. If Rs 2 cr 79 lakh is
Invested in safe
Instrument for fixed
interest by 8 % per
annum.
After 15 years
It will give you monthly
interest of Rs 1 lakh 86
thousand.
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15. Provision for pension
62000 (today's 15000 will
be approx 62000 after 15
years by 10 % inflation)
Spend more 24000 by
free hand
( if you wish)
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16. Still You remain Rs 1
lakh for new investment
per month
After 15 years
spend more
And invest more
without working.
The real wealth creation.
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