Senior citizens will get 2.5 lakh pension every month on retirement, will have to invest 15000 monthly

If you want to earn a lot of money every month even after retirement, then this news is for you. With the help of SIP and SWP, you can not only create a fund of crores, but you can also get a pension of up to ₹ 2.5 lakh every month for life after retirement.

Retirement Plan: If you think that after retirement, life will run only on government pension or PF, then now there is a need to change your perspective. With the combination of SIP and SWP, you can not only create a corpus of crores, but can also get an income of Rs 2.5 lakh every month for the rest of your life after retirement. It sounds like a dream, but this math is absolutely true. Let’s know how

SIP will create a fund of crores

If a person starts a monthly SIP of Rs 15,000 and gets an average annual return of 12%, then in a period of 30 years, he would have invested only ₹ 54 lakh in total. But with the power of compounding, this amount will increase to about Rs 4.62 crore. There will be a return of about Rs 4.08 crore and an investment of Rs 54 lakh. That is, a mega fund of Rs 4.62 crore will be created from small savings for 30 years of job.

Now lifelong pension will be generated through SWP

After retirement, this fund will become a pension machine for you. Suppose you invest this amount in SWP (Systematic Withdrawal Plan).

* Total investment fund: ₹4.62 crores

* Expected return (on SWP): 9% per annum

* Monthly withdrawal: Rs 3 lakhs

* Tenure: 20 years

Now look at the math – if you withdraw Rs 2.5 lakh every month for 20 years, then the total withdrawal will be around Rs 7.20 crores. But the surprising thing is that even after 20 years, you will have about Rs 7.58 crores left in the fund.

What does it mean?

With a SIP of just Rs 15,000, you have created a lifetime cash flow for yourself even after retirement. Every month you will get a hefty pension-like income and on top of that, wealth worth crores will be left for the family.

Why is this the smartest strategy?

* Opportunity to create a big fund from a small amount
* Stable income after retirement
* Ability to deal with inflation
* Property worth crores for the family

Disclaimer: Informalnewz does not advise any kind of investment. Consult your financial advisor before investing.

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