Can ₹1.5 crore generate ₹1 lakh every month after retirement? The answer may surprise you - How much monthly income can a ₹1.5 crore retirement corpus generate?
· economictimes.indiatimes.com
The income you can draw from a ₹1.5 crore retirement corpus depends largely on your investment mix and withdrawal strategy. Experts suggest that retirees may generate anywhere between ₹70,000 and ₹1.2 lakh per month, depending on whether they follow a conservative, moderate, or aggressive approach. How much monthly income can a ₹1.5 crore retirement corpus generate?
Conservative retirees typically allocate most of their corpus to debt-oriented products such as SCSS, RBI bonds, annuities, and fixed-income schemes. This strat...