Rs 1 crore is quite a large amount for many Indians, and it may be the corpus size you may want to retire with. But can it give you a lifelong income? The answer lies in your monthly income expectation from the Rs 1 crore corpus. Do you want to withdraw Rs 30,000, Rs 50,000 or a higher amount from the corpus? Do you want to withdraw at a fixed or an increasing rate? A high-amount withdrawal may lead to an early erosion of the corpus. But if you choose a low withdrawal amount, it may not be sufficient to cover your expenses. So, what’s the right amount that helps you withdraw monthly expenses from a Rs 1 crore retirement corpus for at least 25 years?
Monthly i ncome from Rs 1 crore corpus at different withdrawal rates
