A SIMPLE EQUITY RETIREMENT SOLUTION WHEN IN 30s

A simple equity-oriented retirement solution for a 30-year young earner:-

1. Invest a total of only 3,000 in ELSS-Multicap-Hybrid Aggressive combo for 30 years through monthly Systematic Investment Plan (SIP) as per your desired allocation.

2. Switch the accumulated corpus of ELSS and Multicap funds into Hybrid Aggressive fund thereafter.

3. Easily withdraw 95,000 from this Hybrid Aggressive fund corpus for next 30 years through monthly Systematic Withdrawal Plan (SWP) for meeting retirement needs.

4. This corpus will still remain intact with minimum 1 Crore at the ripe age of 90, for any bequeathal.

5. Higher 30-yr SIPs will enable higher 30-yr SWPs, and higher bequeathal corpus too.