Lux Investing
POST RETIREMENT FIXED INCOME?
I am 48 years old and I am going to retire after 12 more years from now.How,where and how much should I invest to get a MONTHLY FIXED INCOME OF RS.20000 P.M.
Public Comments
- To find the right answer, you need to get help of a good financial planner who can evaluate your income/expenses, investment needs, financial situation, risk appetite, etc Some of the good financial planners you can contact are: http://www.arihantcapital.com/contact-us/ask-question.aspx?Mode=1 http://www.personalfn.com/
- RS.20,000 per month is RS.240,000 per year. A reliable guaranteed fixed income investment is never going to earn much more than 3.5%/year, so to avoid ever running out of money, you need to invest RS.6,857,142.86 in order to earn interest income of RS.240,000 per year...
