Financial knowledge and investment strategy

Planning for retirement is one of the most crucial financial goals in life. While pensions and provident funds provide some security, they may not be enough to sustain the rising cost of living. Mutual funds offer a great investment option to systematically build a retirement corpus over time. In this blog, we’ll explore how you can use mutual funds to create a solid retirement fund, along with an example to illustrate the process. Step-by-Step Guide to Building a Retirement Corpus Using Mutual Funds 1. Define Your Retirement Goals Before you start investing, you need to determine: The age you plan to retire Your estimated monthly expenses after retirement Inflation-adjusted future value of expenses The total amount required to sustain yourself during retirement 2. Calculate the Required Corpus For example, if you need ₹50,000 per month (₹6,00,000 per year) and expect to live for 25 years after retirement: 3. Choose the Right Mutual Funds Different mutual funds serve di...

The Crore Club: Your Ultimate Indian Guide to Retirement Wealth with Mutual Funds Let's be honest, retirement planning in India isn't just about saving money. It's about waging war against inflation, longevity risk, and the sheer unpredictability of life. You can't just rely on that old, rusty fixed deposit or your EPF. Don't get me wrong, they're foundational, but they won't get you to the finish line comfortably. You need an engine that generates real wealth, and for most of us, that engine is a well-managed portfolio of mutual funds. I've seen too many people, especially in their 40s, panic because they suddenly realise their retirement corpus is lagging. They thought a couple of crores would be enough. Think about it. If you retire today at 60 and live until 85, that's 25 years of expenses, and with India's current inflation hovering around 6%, the cost of a basic need doubles roughly every 12 years. That's a scary thought, isn't ...