Retire with 5 cr
I worked in the US and have saved close to 5 Cr rupees , I have my own house in bangalore (inheritance), and I just want to lead a peaceful life traveling and doing vlogs and photography..
I love nature & lamdscape photography, and I feel genuinely happy doing this, I'm bored of working in tech... I can do some small business and be an entrepreneur but I would not like to sit 9 to 6 pm daily infront of laptops
Age 30
Married , no kids.
Any advice on how invest to get passive income with good returns?
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If you invest all 5 cr in the nifty 50 index also (which is safest MF) on an average at 12% interest per year you will still be making 60,00,000 per year.. which comes to 5 lakh/ month…
Which is pretty decent to lead a comfortable life here.. 5cr will stay invested and you can just keep withdrawing the interest every year..
Obviously these number are calculated without stcg or ltcg tax.. but even if tax deduction adjusted you’ll have enough..
Yeah.. go ahead and do what makes you happy.
Reinvest 85% your money