The lifestyle you are living between lockdown and corona spread and want that there is no decrease in lifestyle after retirement, for this you should calculate future expenses keeping in mind the rising inflation. For example, today your monthly expenditure is Rs 10,000 and if you consider inflation at five per cent per annum, then after 30 years your monthly expenditure will be Rs 40,000. In such a situation, in which and how will you invest that after retirement, your lifestyle also goes well and after retirement, you will also get interest.
Equity is an investment option that gives higher returns than other asset classes, beating inflation in the long term. Mutual funds are the best way to invest in equity. Talking about retirement plans, Tata Mutual Fund, UTI Mutual Fund etc. are better. But first of all, it should be seen how much money will be required to maintain the current lifestyle after retirement, what is your savings in the recent past, how much risk can you take and how many years are left in retirement.
In addition, mutual funds are a better way of creating retirement funds. In this case, an investment portfolio can be created for retirement by bringing equity mutual funds as well as debt such as PPF, Gold etc. If there are 15-20 years left for retirement, then multi-cap funds should be included in addition to large and mid-cap funds. In the long run, these funds will prove to be helpful in making a good fund.
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