I am 37 years old and working in a private company. I would retire by the age of 58 years. In order to receive an amount of 50k per month post retirement, where should I invest? Currently, I am invest 50k per year in NPS along with 10k in some mutual funds through SIP.

Ans: To achieve a monthly income of 50,000 post-retirement, you'll need a systematic and disciplined approach to investing. Here's a strategy tailored to your needs and investment horizon:

National Pension System (NPS):
Continue Investing in NPS: You're already investing 50k per year in NPS, which is a tax-efficient retirement savings option. NPS offers the flexibility to choose between equity, corporate bonds, and government securities, allowing you to customize your portfolio based on your risk appetite.
Equity Mutual Funds:
Diversified Equity Funds: Given your long-term investment horizon and the need for capital appreciation to combat inflation, consider increasing your allocation to diversified equity mutual funds. These funds invest across various sectors and market capitalizations, offering diversification and growth potential.
Target Date Retirement Funds: Some mutual funds offer target date retirement funds that automatically adjust the asset allocation based on your retirement age. These funds can be a convenient option for retirement planning as they gradually shift towards safer assets as you approach retirement.
Fixed Income Investments:
Debt Mutual Funds or Fixed Deposits: To ensure stability and regular income post-retirement, consider allocating a portion of your investments to debt mutual funds or fixed deposits. Debt mutual funds offer the flexibility to invest in various debt securities, providing potentially higher returns compared to traditional fixed deposits.
Systematic Withdrawal Plan (SWP):
SWP from Mutual Funds: To generate a monthly income post-retirement, you can opt for a Systematic Withdrawal Plan (SWP) from your mutual fund investments. SWP allows you to withdraw a fixed amount at regular intervals, providing a steady income stream while keeping your principal invested.
Potential Investment Strategy:

NPS: Continue investing 50k per year.
Equity Mutual Funds: Increase SIP amount to 20-25k per month.
Debt Mutual Funds or Fixed Deposits: Allocate a portion of your investments based on your risk appetite.
SWP from Mutual Funds: Opt for SWP from your mutual fund investments to generate a monthly income post-retirement.
Remember, it's essential to review your investments periodically and adjust your portfolio as needed based on performance, changing financial goals, and market conditions. Consult with a financial advisor to ensure your investment strategy aligns with your financial goals, risk tolerance, and investment horizon. With a systematic and disciplined approach to investing, you can work towards achieving your goal of receiving 50,000 per month post-retirement.