 "Retirement Plan, Retirement, Pension")
I was talking to our client Austin about deploying his retirement corpus. One of our key recommendations was to invest ₹5 crore in the growth option of a balanced fund and systematically withdraw an inflation-adjusted ₹2.5 lakh a month (₹30 lakh in the first year) over the next three decades. Austin understood the risks of using an equity-oriented balanced fund and was comfortable with the withdrawal plan. But he was clear that he preferred the dividend option. His worry was that withdrawing through a systematic withdrawal plan (SWP) in the growth option might, during weaker market phases, eat
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