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How was the retirement corpus of 4.5 Cr calculated?

Milind Vadjikar | Answer |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Nov 04, 2024

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Question by Nirbindu on Nov 03, 2024Hindi

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Hi Milind Ji, I went through your above answer on how to calculate a retirement corpus. The first point regarding the inflation adjusted expenses during time of retirement (1.13L in 14 years) is clear. However, in the above example, how did you arrive to the fact that the retirement corpus would be 4.5 Cr? Can you pls share the calculations for this point. Thanks in advance.

Ans: Sharing calculation is not possible.

Thanks for your kind understanding;

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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