Time passes quickly. Before we know it, our retirement years are near. It is wise to create a fund that can provide a steady monthly cash flow to meet expenses during our golden years without any hassles.

It is easy to do this by starting a SIP now with a target in mind. I give below some examples.

Age-30 Start SIP of Rs.10000/- till age 60 and get 2.25 Lacs per month from age 60 onward for 20 years.

Age-40 Start SIP of Rs.25,000/- till age 60 and get 1.65 Lacs per month from age 60 onward for 20 years.

Age-50 Start SIP of Rs.50000 /- till age 60 and get 77,000 per month from age 60 onward for 20 years.

I can do calculations specific to your requirement. If you are interested to know more about it.

#Returns are assumed as 12% per annum.

“ݐ谝ਰ퐮 ݐ찝ڰ퐧 ݐ밝ޠݐⰝਰ퐮ݐ簝ࠠݐఝࢰ퐭ݐᰝਰ퐮ݐ�퐦ݐ谝ৰ퐞ݐ⬠ݐᰝர퐭 ݐⰝਰ퐮 ݐ찝ڰ퐧'ݐ�퐛ݐ퐨ݐ尝ݠݐఝࢰ퐭ݐᰝਰ퐮ݐ�퐢ݐ�rdquo;
- ݐ㰝ް퐧ݐ簝ް퐬ݐ찝ް퐞 ݐ氝ࢰ퐥ݐ尝ࢰ퐚ݐ氝ମ

        First time in history, RBI hiked Interest Rates when CPI is below repo rates. This shows that RBI will keep interest rate higher for a longer period than we expect. Inflation is very sticky so it makes RBI's (SKD and team) job tough.

Take aways from an Investment point of view:
Fixed income/debt funds look very attractive to park your money (Short Term) as well as for Investments. Rate card for you with Time horizon.

    Invest /park your money for good rates. It will give you peace of mind as there's no locking period and no volatality.

Rates will move up and remain high for next 2 years. It's a great opportunity to grab as rates (Above inflation) are 2% so believe you should focus on fixed Income funds.

  A new investor recently met me and asked, "How much returns he will get if he invests a certain amount of money in mutual funds".

I told him it depends on him, not me. And he was quite amused as he thought I should know because I am the person who will suggest to him the right investment products which can yield good returns.

I explained to him that the investment world is dynamic and things change from time to time. Sometimes, there is euphoria in the marketplace, and yet there are times when everything seems to be going down. If you follow asset allocation, and stay disciplined in your investment journey you can expect a better return. However, if you get excited or panic with every news (good or bad), it could affect the portfolio negatively. The right product does matter but it is the investor behavior that is the key to investment returns.

Finally, I told him,

“Mileage depends on the driver, not just the car. The smoother you drive, the higher the mileage would be."