How to Plan for Retirement Fund?
Whether you plan your retirement in 55 or in 65, retirement is an obvious in your life. And to carry forward the lifestyle you have already led along with your family needs to be maintained. Thus requires a perfect financial planning, so you or your dearest ones never have to compromise on the lifestyle they are habituated to. Your daily expense will help us to plan your retirement needs. Considering inflation, we will calculate the amount of expenses you will have at that time to live a healthy life for you and your spouse. We will suggest then the corpus you need to build which will gain you a return to help you maintain your daily expenses.
**e.g. If your current monthly expense is Rs 10,000, and you retire after 20 years, considering inflation, your monthly requirement will be Rs 32,000. And to fulfil that requirement, you need to create a fund of Rs 96,00,000 at the time of your retirement.