Achieve monthly income of ₹20,000 after age 50 with a ₹1,000 monthly investment

tamil.indianexpress.com (Tamil)

A financial strategy suggests investing ₹1,000 monthly for 25 years to generate ₹20,000 monthly income after age 50. This plan uses a combination of Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP). Initial investments in equity mutual funds aim for 15% annual returns, growing ₹3 lakh into ₹27.56 lakh. The accumulated sum is then moved to safer funds for withdrawal. While inflation may reduce future purchasing power, the strategy offers financial independence with flexibility and tax benefits.


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