Sir, I want to know about my retirement plan that How much i should invest for next 10years so that I am able to withdraw 50000pm as monthly expense after 10years.
My financial details are as follows...
Homeloan remain to repay 600000
Education Loan 1500000
Monthly Expense Rs.40000
Monthly Homeloan EMI RS 10000
BAJAJ FINANCE GOAL ASSURE
Monthly premium rs12000
Life insurance rs32000 anually
Mediclaim rs31000 anually
One 2bhk flat (free hold property)
PF -rs. 2500000
Thanks
Ans: Dear sir ,
???? I would also strongly suggest working with a QPFP / Financial Planner to create a detailed retirement cash flow plan and fund monitoring strategy.
Best regards,
Naveenn Kummar, BE, MBA, QPFP
Chief Financial Planner | AMFI Registered MFD
https://members.networkfp.com/member/naveenkumarreddy-vadula-chennai