Categories: BUSINESS

Building wealth for retirement: How to plan Rs 1 lakh monthly passive income? Experts outline safe and risky routes

Indians increasingly worry about retirement savings amid rising life expectancy and medical costs. Generating a Rs 1 lakh monthly income requires a corpus of Rs 1-2 crore, depending on risk appetite and investment choices. Strategies involving diversified equity funds, annuities, and systematic withdrawal plans can help achieve this goal while preserving capital and adjusting for inflation.
Sumitra

Share
Published by
Sumitra
8 months ago

Recent Posts

Drill, sanction, control: Inside the oil economics driving Trump 2.0

US President Trump's second term prioritizes oil, leveraging energy dominance for global influence. Campaign funding…

1 hour ago

RBL Bank net profit up 234% at Rs 230 crore

RBL Bank's net profit surged by a remarkable 234% to Rs 230 crore in the…

1 hour ago

Intel bags big gains! Chipmaker’s shares jump 26% on blockbuster results; how Trump admin benefits

Intel's share price surged dramatically after exceeding first-quarter expectations, driven by strong demand in its…

1 day ago

From apps to arms: Sankaet Pathak and Silicon Valley’s patriotic pivot

1 day ago

Trump’s ‘Gold Card’ visa: One cleared, hundreds await as $1 million residency plan rolls out

The Trump administration's 'Gold Card' visa program, offering US residency for a $1 million fee,…

2 days ago

Global price shock: RBI warns of ‘second-round effects’ amid West Asia tensions

The RBI cautioned about potential second-round effects from the West Asia conflict, where supply shocks…

2 days ago