Dear sir
Im a retired govt servant. I have a corpus of 48L in various mfs with an avg income of 12% and a complete component of SCSS, 30L. I need a monthly swp of 60k . Pl suggest. I also have a commitment of my daughter's marriage in next 3 yrs .
Ans: I’m assuming that you have invested in equity-oriented funds since your 40s or 50s and the funds are now stabilized and generating consistent return in the range of 11-13% on annual basis. On the basis of above assumption, I assume your portfolio to last till your early 70s.
Regarding the goal of daughter’s marriage, I suggest you to utilize your SCSS at the time of the goal as interest rate might be lower by time and you will get very low returns for re-investing in SCSS in that time.
As per my analysis, withdrawing 40k monthly will easily cater to your requirement till the age of 75 years.