I am regularly investing MF since 2009.Rs2000pm sip.currently I reinvesting SIP 45000 Per month canara Robeco mid cap fund.25000 pm parag parekh flexi cap 10000 per month & Quant small cap fund 5000 per month. My overall corpus 66 lkh now my retirement 2029 how much money accumulate till retirement.

Ans: Funds are decent, only issue is too many funds. Please continue

Ans: You can accumulate a corpus of 1.25 Cr to 1.5 cr by investing 34k in SIP for 13 years, your portfolio is too diversified but it's ok if you can manage so many funds

Ans: It sounds like you've already made significant strides towards securing your financial future. Your disciplined approach to investing in mutual funds and accumulating a substantial corpus in PPF is commendable. To achieve your retirement goal of a monthly income of Rs. 2.5 lakhs at today's value, it's essential to assess your current investments and projected returns. A Certified Financial Planner can help you analyze your investment portfolio, factor in inflation, and determine the additional investment required to bridge any potential income gap during retirement. Remember, retirement planning is not just about accumulating wealth but also ensuring it lasts throughout your retired years. With your proactive approach and the guidance of a financial expert, you're well-positioned to achieve your retirement goals and enjoy a financially secure future.

Ans: Hello Mr. Sanjay Gupta, it's commendable that you're diligently investing towards your retirement. Let's strategize to ensure a comfortable lifestyle post-retirement.

Assessing Your Current Investments:

With monthly SIPs of 50k, NPS contributions of 10k, EPF contributions of 10k, and yearly PPF investments of 1.50 lakh, you're already on the right track towards building your retirement corpus.

Setting Retirement Income Target:

To achieve a monthly income of 3 lakh during retirement and a corpus of 3 crore before retirement, we need to evaluate your current investment trajectory and adjust it accordingly.

Calculating Required Investments:

Considering your current investments and retirement goals, we'll calculate the additional investment required to bridge the gap.

Strategic Allocation of Funds:

We'll optimize your investment portfolio by balancing allocations across different asset classes to maximize returns and manage risk effectively.

Benefits of SIPs:

SIPs offer a disciplined approach to investing in mutual funds, harnessing the power of compounding to build wealth over time.

Benefits of NPS and EPF:

NPS and EPF provide tax benefits and stable returns, contributing to your retirement corpus while ensuring financial security.

Importance of PPF:

PPF offers attractive interest rates and tax benefits, serving as a reliable long-term savings instrument to supplement your retirement income.

Analyzing Retirement Income Needs:

To generate a monthly income of 3 lakh during retirement, we'll assess the required corpus and strategize investments accordingly.

Calculating Corpus Required:

Based on your desired monthly income and life expectancy, we'll calculate the corpus needed to sustain your lifestyle post-retirement.

Consultation with a Certified Financial Planner:

Seeking advice from a Certified Financial Planner (CFP) ensures personalized guidance tailored to your financial goals and risk tolerance.

Conclusion:

In conclusion, achieving your retirement goals necessitates a comprehensive approach, balancing investments across various avenues. By optimizing your current investments and strategizing additional contributions, we can work towards securing your financial future and ensuring a comfortable retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: Hello;

Current MF corpus(40 L) may grow into 2.19 Cr after 15 years.

You need a sum of 10.5 Cr to generate post-tax monthly income of 3 L.

So for generating balance corpus of 8.31 Cr you may start a flat monthly sip of 1.55 L or begin with a monthly sip of 1 L with 10% step up every year for 15 years.

12% modest return is assumed from a combination of pure equity mutual funds.

A 4% SWP from the corpus(10.5 Cr) invested in equity savings fund with low to moderate risk rating would be apt to generate desired monthly income after tax.

Happy Investing;