Q&A

How can I get 50000 interest per month?

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How can I get 50000 interest per month?

Some of the popular investments are PPF, FD, EPF and even mutual funds. To get Rs 50,000 a month, you have to accumulate a sizeable amount. Some of the investments which help you accumulate a sizeable corpus are PPF, Fixed Deposits, Mutual Funds particularly equity mutual funds.

How much should I invest to get 20000 per month?

Ideally, you should invest Rs 30 Lakhs in lump sum and draw 8\% annually (Rs 20,000 monthly through SWP) during the initial years. In future you can increase the withdrawal amount based on how your portfolios appreciates post withdrawal of monthly SWPs.

How much do I need to invest to make 50000 a year?

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What to invest in and how much will be dependent on your income, age, risk tolerance, and investment goals. For a 30-year old making $50,000 a year and a $1 million retirement savings goal, putting away $500 a month should get you to your goal assuming a 6.5\% average annual return.

How do I invest my monthly return?

Best Monthly Income Investments Through 2022

  1. Certificate of Deposit (CDs)
  2. Short-Term Corporate Bonds.
  3. Long Term Corporate Bonds.
  4. International Bonds.
  5. US Treasury Bonds, Bills and Notes.
  6. Municipal Bonds.
  7. Floating Rate Funds.
  8. Money Market Funds.

How much should a senior citizen invest in retirement funds?

He should invest up to Rs 15 lakh in the Senior Citizens Saving Scheme (SCSS). It is the safest investment option for retirees and offers 8.6\% per annum, payable quarterly. He can contribute Rs 4.5 lakh in the Post Office Monthly Income Scheme at 7.6 \% per annum.

How much should I invest in mutual funds to retire comfortably?

So one can easily go for equity mutual funds. Assuming that your investments in equity mutual funds will generate an average return of 12\% you need to invest Rs 40,434 every month in equity mutual fund schemes through SIP till the age of 60 years to get a monthly income of Rs 1.65 lakh after retirement. How?

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How to earn Rs 30K a month from investment?

The target to generate Rs 30,000 a month is achievable by investing in a mix of financial instruments. He should invest up to Rs 15 lakh in the Senior Citizens Saving Scheme (SCSS).

How much do you need to invest in PPF to retire comfortably?

However, to get the amount entirely through PPF, you need to invest Rs 1,73,432 per year, which is above the permissible limit of Rs 1,50,000 and hence not possible. Again, to achieve the financial security through PF, you need to invest Rs 1,60,367 per year.