CEO at Aria Telecom Solutions Pvt Ltd (2004– present) · Jan 8
I have 83 lakh of rupees. I will retire next
month. Where should I invest so that I get a minimum of 3 lakhs as a fixed monthly income? In 83 lakhs it is not practically possible to earn 36 lakhs annually. As you are going to get retire & this money is very important for your future life, some people may offer you so high return but that is not practically possible rather there are chance to lose your hard-earned money.
Now let's talk about safe & secure investment.
1- 50% amount you should invest in plot / agriculture
land in developing area like in NCR or outer area of your city but not in flat - which can be doubled in 4–5 years.
2- 25% you can invest in Post office for as a Sr citizen
scheme where you will get some monthly income
3- 25% you can keep in Bank FD getting monthly
interest credit in your account, FD should be booked in 5–8 small parts in different times so that you should get maturity every year.
In this way you can get around 360,000 annual
returns / 30,000 monthly from your 50% investment from bank & post office. you can also spend more. 30,000–40,000 from your principal amount, so that you can get 60,000 to 70,000 amount per month to live your life happily. Still, 20 - 25% amount from your principal amount will be reduced in 5 years.
Your Land value will be doubled in 5 years & you will
get your portfolio increased by 50% more. you need to liquidate your land after 5–10 years & repeat the process again.
Some buffer has been kept in expanse & income so
that some unexpected bedtime can be managed.
Note : This is just a suggestion still you are a
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