According to an estimate, with a withdrawal rate of 4-5%, a sum of Rs 10 crore could potentially yield an annual income of Rs 40 to Rs 50 lakh, which may be adequate for a comfortable life in tier 2 or 3 cities where monthly costs typically range between Rs 50,000 and Rs 75,000.\u00a0<\/p>\n
However, living expenses in major metropolitan areas such as Delhi, Mumbai, and Bengaluru are considerably higher, meaning the same amount might not stretch as far.<\/p>\n
Rising inflation could significantly erode savings over time. Historically, it has averaged between 6-8%, which means living costs could potentially double within nine to 12 years. Financial experts often recommend investing in assets that yield returns above inflation to preserve and grow retirement funds<\/p>\n
As of now, the post has received over 450 upvotes and more than 300 comments.<\/p>\n
One user wrote, \u201cIf your Rs 10 crore can generate 10% ROI, then absolutely more than enough.\u201d<\/p>\n
\u201cDepends on various factors. One of the biggest factors is whether it can generate a regular monthly income or ROI. Another factor is the city you live in. Larger metropolitan cities equal more expenditure,\u201d said another user.<\/p>\n
\u201cThe third factor is the assets already owned. If you already have your own house or apartment, then it is different. If you are\u00a0planning to buy something out of that money, it will change the view drastically,\u201d the user added.\u00a0<\/p>\n
\u201cEven invested in safe instruments like bonds and FDs, it should work out fine,\u201d read a comment.<\/p>\n","protected":false},"excerpt":{"rendered":"According to an estimate, with a withdrawal rate of 4-5%, a sum of Rs 10 crore could potentially…\n","protected":false},"author":2,"featured_media":263831,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,5481,184,185],"class_list":{"0":"post-263830","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-finance","12":"tag-financial-planning","13":"tag-personal-finance","14":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/263830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=263830"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/263830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/263831"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=263830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=263830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=263830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}