Where to invest retirement corpus of Rs.2 Cr to get Rs.40,000 per month with 6% inflation for 25 years?
Even if we consider 5% return, then you will earn around Rs.10,00,000 a year, which is more than enough of your requirement of Rs.40,000 a month. Rest of the amount can be reinvested for future protection of inflation. Without worrying too much, you can use the Bank FDs where the interest payout is monthly.
Sir,6% inflation per year may pl be considered.
With 6% infln/yr compounding, tax implications are also to be considered.