Following are certain basic options, based on mathematical calculations considering corpus required after 15 years - ( If it’s 20 yrs same will change a lot , so first make up you mind and plan )
( This is with the understanding that you have arrived to 12 crores with some proven system and process )
Choices would depend upon-
A- Your Income flow
B- Your current Investments and wealth
C- Your Future Income and regular cash flow CERTAINTY
D- It’s based on current tax structure , post tax
E- PPF Tax free limit pa is only 1.5 lac
F- Your risk Profile and risk taking ability
G- This is also with the underatanding that ALL OTHER LIFE needs before and after 15 yrs is considered and taken care off , including personal inflation and that those life needs does not disturbe this.
H-Also it is assumed that if it is anywhere related to markets, like equity or equity mutual funds or debt mutual funds and all other investments needs to be tracked , reviewd, and changed, if need be
I- THIS IS EASILY DOABLE- Do NOT IGNORE this statement - YOU ARE THE BIGGEST ASSET
So Invest in yourself , in your health, self interest, skills and training upgradation, and knowledge and people as -
EMI+Current expenses ( plus personal inflation growth )+ The amount as per your choice to achieve your defined Wealth Corpus ( incl retirement fund ) = INCOME REQUIREMENT TODAY ( and income growth is dependent on all of this )
Also, be prepared to be around KEY POSITIVE People around and shut off noise, which takes unnecessary time, energy and efforts.
DO Write 5 things, what you would do post 15 years , as I have also know people retiring with required corpus, but no plan and the corpus goes bust.