How to generate Rs. 90,000 as passive income?

This is how you get regular monthly income of Rs. 90,000 just by investing Rs. 10,000 per month…

Everyone talks about SIP and how investing in mutual funds can build wealth, but here is a method which will help you create regular passive income from that wealth…

Here is the calculation basis 12% interest which you can easily generate from Index funds…

➡️ SIP

Investment – Rs. 10,000 per month
Duration- 20 Years

Corpus generated- Rs. 1,00,00,000

You will have 1 cr as corpus at the end of 20 years. Now here is what you have to do after 29 years. You need to start taking out Rs. 90,000 per month from that corpus.

➡️ SWP

Corpus – Rs. 1,00,00,000
Withdraw- Rs. 90,000 per month

When your Withdraw Rs. 90,000 per month , you will eventually take our Rs. 1,080,000 in an year… right ?

This 10.8 lacs is just 10.8% of your 1 cr… and you will still continue to get 12% return on your corpus… so when the interest you are earning is greater than the money you are taking out then your money will only grow and your 1 cr will never ever reduce…

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#shorts #retirement #passiveincome