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RECOMMENDATION

4-point plan for a fulfilling retirement

Why should you start planning for your retirement today?

How to plan?

Use the 6% rule

Start planning how much you should invest. Take a thumb rule of 6%

on retirement withdrawal retirement corpus % of corpus
1 st Year Rs. 6,00,000 Rs. 1,00,00,000 6.00%
2 nd Year Rs. 6,18,000 Rs. 94,00,000 6.57%
3 rd Year Rs. 6,36,540 Rs. 87,82,000 7.25%

(2nd& 3rd year withdrawal adjusted to 6% inflation rate)

Why plan with an SIP?

Retirement planning is a long-term goal and the investors can select from different types of funds, depending on their risk profile and time horizon. The critical success factors in retirement planning are starting as early as possible to get the benefits of compounding Investing in the right asset class and investing regularly staying disciplined on retirement planning.

Corpus at Retirement

Number of years
monthly sip amount returns 20 years 25 years 30 years
Rs. 5,000
Rs. 5,000
Rs. 5,000
10%
15%
20%
Rs. 38,30,000
Rs. 75,80,000
Rs.1,60,00,000
Rs. 66,90,000
Rs. 1,60,00,000
Rs. 4,30,00,000
Rs. 1,10,00,000
Rs. 3,50,00,000
Rs.11,70,00,000
Disclaimer: The above calculations are based on assumed rate of return and for illustration purpose only to explain the concept. It does not reflect the returns that may be generated by the schemes of Axis Mutual Fund.

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Disclaimer: This material is created to explain basic financial / investment related concepts to investors. Mutual Fund does not provide guaranteed returns. Investors are advised to seek professional advice from financial, tax and legal advisor before investing.