How can a person with ₹1 crore corpus use it to generate retirement income for 30 yrs?
If a person, with ₹1 crore corpus, starts with a monthly withdrawal of ₹25,000, with the withdrawal increasing by 6% at an assumed annual return of 10% for 30 years, the last monthly systematic withdrawal plan (SWP) will be ₹1,35,459.70. The total withdrawal will be ₹2,37,17,456.11. Notably, the corpus continues to participate in market-linked returns.