1. A simple MF portfolio is ideally suited for retirement needs, and since Hybrid Aggressive funds have an auto-rebalancing mandate, this vital function gets performed by the fund itself, especially for a retiree with a moderate risk appetite.
2. For a retiree with a higher risk apetite, he can even allocate up to 50% in a Multicap fund for increasing his final corpus for bequeathal, with periodic rebalancing during his retired life.
3. Retirement corpus goal should be at least 240 times of estimated monthly retirement expenses, built through long-term SIPs, by allocating at least 10% of current monthly income exclusively for it, without mixing it with other goals, during his entire earning years.
4. Thereafter, SWP mode should be used to withdraw upto 6% of corpus annually for meeting his retirement expenses.
5. This will allow perpetuity of corpus, even after discontinuation of SIPs on retirement, due to power of compounding.
2. For a retiree with a higher risk apetite, he can even allocate up to 50% in a Multicap fund for increasing his final corpus for bequeathal, with periodic rebalancing during his retired life.
3. Retirement corpus goal should be at least 240 times of estimated monthly retirement expenses, built through long-term SIPs, by allocating at least 10% of current monthly income exclusively for it, without mixing it with other goals, during his entire earning years.
4. Thereafter, SWP mode should be used to withdraw upto 6% of corpus annually for meeting his retirement expenses.
5. This will allow perpetuity of corpus, even after discontinuation of SIPs on retirement, due to power of compounding.