Retirement Plan: It is not easy for working people to retire. Having Rs 50 lakh at the time of retirement sounds good, but the real test begins after retirement. Now the question arises that how to convert this money into inflation safe and stable monthly income. After retirement, the challenge now is not to earn, the real challenge is to protect the value of your earnings from gradually decreasing.

Inflation is the biggest threat after retirement

In fact, the biggest threat after retirement is inflation, which gradually destroys the power of savings. Bills for medical bills, daily expenses, utility bills and other things keep increasing with time. In fact, this is the real risk of retirement. That’s why retirement planning no longer just means ‘keeping money safe’. This means keeping your lifestyle safe.

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Changes in mutual fund equation

In this situation, mutual funds come in handy, they do not act as an aggressive tool but as a calm means of protecting against inflation. Conservative hybrid and equity savings funds combine debt stability and limited equity exposure. These have less volatility than pure equity and provide more growth than pure deposits.

How much can I earn every month from Rs 50 lakh?

According to the information, depending on the structure and market conditions, a retired person with a corpus of Rs 50 lakh can earn an annual income of around Rs 2.5 lakh at a withdrawal rate of 5 per cent, which is equivalent to around Rs 20,800 per month. However, if the amount is invested in various investment options, which provide an average portfolio return of 7 to 8 percent, then the monthly income can increase to around Rs 25,000-35,000.

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