AMFI registered Mutual Fund Distributor
AMFI registered Mutual Fund Distributor
Pension & Retirement
For many people, retirement suddenly dawns on them. One fine morning they wake up to face the reality of having retired - no more office, no more cash flow and ever lasting expenses! Retirement is perhaps the most crucial part of life, and needs to be planned years in advance. You have two choices - On your retirement day, you can either wake up to the uncomfortable feeling of not being prepared to face the most vulnerable part of life; Or, you can start investing now and wake up to a peaceful post-retirement morning, well prepared to truly enjoy your time off.
Consider these facts:
- At 45 years, if your expenses are Rs. 35,000 per month, to maintain the same lifestyle, you will need savings of Rs. 1 crore on the day you retire considering Inflation of 6%.
- At the same time, setting aside Rs. 10,000 per month invested @ assumed rate of 10% p.a. for 25 years will give you a corpus of over Rs. 1.25 Crore