With a retirement corpus of 30 lakh, a 5% annual return, and a monthly withdrawal of 20,000, the funds are projected to last approximately 19 years. After 20 years, the value becomes negative.
"now what does this 24 lakh seven to two thousand and five year means it means that at the end of five I mean after five years so now chandu is not six years now chandu is 65 years at 65 years so basically five years into retirement now after withdrawing 20 000 rupees per month the final value the remaining value of his fund would be 24 lakh 72 570. now let's see what happens after 10 years after 10 years his remaining value will be 17 17 lakh 99 421 now chandu is how many years 75 70 years sorry let's see what happens at 75th year now remaining value is only 9 lakh forty thousand two ninety three and uh 19th year so 19 years into retirement that is 79 years only 85 000 is remaining and let's see what happens at the 20th year gone value has gone in negative"
