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Need Expert Advice? Our Gurus Can Help. Ask Anonymously. With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals. Asked by Anonymous - Jan 29, Hindi.
Ans: Hello; By retiring from regular job do you plan to start any business or other profession? If yes what is the seed capital expected? Based on your answer we may offer you suitable tax efficient, inflation ready solution.
Asked on - Jan 29, Answered on Jan 30, No I don't have any idea to start any business. I just want to live off by selling my parental assets. Ans: Hello; Once you liquidate your ancestral assets and raise funds of 7 Cr, you may deploy it as follows: 1. Buy an immediate annuity from a life insurance company for 3 Cr.
This way your systematic withdrawals will be taxed at Also your corpus will grow over two years. Even at 3 Cr level it can provide post-tax income of The balance 1 Cr may be used to make FDs of varying maturities from 1 year to 5 years in lot size of 5 L so that even if you need some funds you may be liquidate FDs only matching your requirements. The SWP from MF will provide you inflation adjusted returns and you may need to top-up annuity income by further investments.