Dear sir,I am currently 49.5 years old with monthly expenses of Rs 2.15 lacs,how much corpus should I have to retire peacefully, regards

Ans: To determine the corpus required for a peaceful retirement, several factors need to be considered, including your current age, monthly expenses, life expectancy, inflation rate, expected returns, and desired retirement age.

Current Age - 49.5 years
Expected Retirement Age - 60 years
Life Expectancy - 80 years
Current Expenses - Rs. 25,80,000 p.a.
Value of current expenses at the time of requirement (Inflation Rate - 6%) - Rs. 9,67,83,692
Amount Required to be invested today to meet the expenses - Rs. 3,37,68,407 (Expected rate of return - 10%)

Based on the given assumptions, with an inflation rate of 6%, you would need a corpus of approximately Rs 3.4 Crores to retire comfortably and maintain your current lifestyle. This amount would be sufficient to cover your annual expenses throughout your retirement years, taking into account inflation and expected returns.

The returns expectations may vary depending upon the equity:debt allocation determined on the basis of risk profile and other related parameters.