How to draw one lakh monthly income from a retirement corpus
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- Опубліковано 4 жов 2024
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Hi, for a senior retired couple, having sufficient corpus in debt. (Appx 30 times yearly expenses) (75% of net worth). Would it make sense to dabble a bit more in equities? Rebalance to 60% in debt?
Dear Professsor,
How about we approach the retirement matter in this way
5 buckets of retirement are considered as 5 sub-Goals of retirement and we approach those goals in that sequence.
1) First we fulfill the first-15 year fixed income goal. Prioritising Debt over equity.
2) Then once we are done, we approach the bucket#2 goal. So once we have enough money in debt for #1, we start the "prioritising" the enquity.
The immediate drawback I can see that by NOT prioritising equity in early in point #1, we are missing on time.
BUT mentally it will hugely peaceful because the goal of bucket #2 is Retirement age PLUS 15 years away. Similarly goal of bucket#3 is Retirement PLUS 25 years away.
What are your thoughts? Its completely possible that this is an idiotic way to approach, but I think you might have thought about it and due to some reason have never mentioned that approach.
I just feel that mammoth number of 7 Crores might be broken into sub-Numbers. It might give huge relief to those heartburns and sleepless nights? Maybe?
Sir thanks for all informative videos, can you do a video on actively managing buckets post retirement? I feel it can be complicated for an average retiree unless there are common guidelines that can be applied.
Yes, this will require some portfolio management experience. Hard to make a video but let me think
all this - useful but hardly few do or take it seriously at young age.
what is really required from you is how to best manage EOS [end of service] wisely to meet requirements or say what to do if you get a lumpsum
I have done enough in this regard, thank you very much.
What is the reason to invest in debt when the investment is planned for next 15 years in equity and it will beat debt in long term?
Good fairy tale everyone assumes without checking or understanding context.
Sir, instead of 5.4 crore if we invest 2 crore in lic jeevan umag policy we will get more than 1 lac per month and we can invest excess amount which is more than 1 lac can be invested for inflation. Also the receivables are tax free..
Any issue in this approach ?
Return below 5% anualy
@@aneeshuctnr correct, but the same 1 lac pension we need 5.4 crore here right
Too many issues with this approach. You can never fight inflation with this. Terrible waste of money
I can give you 12 % roi
Man I’m surprised. this is bitter truth. Can u make a video on Wat r the various instruments ( buckets) with detailed explanation plz.
already done
Hi Pattu, commendable job ! One quick request, as we all know that middle class life is not as easy as it is on excel sheets and more debt laden when the same hits the reality.
Can you please do a full goal based planning for a middle class family earning a middle class income like 1L per month in his 30s to retire somewhere in 50s?
Will be waiting for the same !!
It doesn't depend on ur earning it depends on how much you invest
1L per month is not middle class :)
@@pattufreefincal at an age of 30 plus I would say yes 1L is a middle class income 😅
Young people in 20s are getting that much now.
@@AbhishekSingh-ep3gt Very very far removed from the ground reality, but ok!
How is this even possible? Does it take into account aging and reduce capabilities due to aging to manage 4 buckets and do rebalancing...the might be full time activity for the aged beyond 75....most find it difficult to visit the bathroom after 80...retirement planning and management should end beyond 70-75 and retire into an old age home or senior citizen home
This can happen at age 30 or 40. What do those people do? Depend on family or a SEBI registered fee only advisor. Looking at the portfolio once a year is not that active management as one assumes.
Sir what do you think the current market bull run, is it sustainable for another 1 to 3 years?
I dont know and I dont need to know
Don't worry that those things. If you're and already started investing, rebalance your Portfolio to 40:60(Debt: Equity). If you haven't started investing, don't wait for the crash. Just start investing!
Sir.. can u pls make an video for " tax loss harvesting".. is it worth to do this step.. cos every year 1 lakh tax free redemption is der.. if I redeem 1lakh every year from mutual fund I can save 10% ever year rite..
pl dont waste your time and money doing this. I have already written about this
@@pattufreefincal ok sir.. thanks will check the video