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Retirement Planning for Mr. Shastry by sridhar is a document available to read on EtoBox.

What is Retirement Planning for Mr. Shastry about?

Mr. Rajeev Shastry is currently 35 years old and plans to retire at 65. His current monthly expenses are Rs. 80,000. At a 5% inflation rate, his expenses at retirement will be Rs. 345,755 per month. To support this monthly cost with a 6% pension rate, he will need to accumulate Rs. 69,151,078 by retirement. Investing Rs. 15,906 annually or Rs. 9,988 monthly over the next 30 years at a 15% expected return rate will allow him to build the required retirement fund.

Author

sridhar

Language

EN