# @financewizardcl on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DHK7MLczOIM
- **Gondola URL:** https://gondola.cc/posts/59781399-financewizardcl-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/bca3295566.jpg
- **Posted:** 2025-03-14T07:05:18.000+00:00
- **Account Owner:** Chandralekha Mittemari Ravikumar (@financewizardcl) — https://gondola.cc/financewizardcl

## Caption

💰Monthly pension hack!

🙏Example for the above video:

(We will be explaining this step by step process on Dime where you get weekly Personal Finance actionable insights right to your inbox)

Ramesh, a retired engineer, has a corpus of ₹50 lakhs invested in a mutual fund. He wants to supplement his pension with a regular income stream. Ramesh sets up an SWP to withdraw ₹20,000 every month from his mutual fund investment. Assuming the mutual fund’s NAV is ₹20, the fund manager will redeem enough units each month to generate ₹20,000. For instance, if the NAV is ₹20, they would sell approximately 1,000 units (₹20,000 / ₹20 NAV) each month.

✅ Regular Income: Ramesh receives a steady monthly income of ₹20,000, helping him cover living expenses.

✅ Capital Preservation: Since only a portion of his investment is withdrawn, the remaining amount continues to grow, potentially offsetting the withdrawals and preserving his capital.

✅ Flexibility: Ramesh can adjust the withdrawal amount or frequency based on his needs, such as increasing it to keep pace with inflation.

✅ Tax Efficiency: Ramesh pays tax only on the capital gains from the withdrawn units, which can be more tax-efficient than other income sources like fixed deposits.

#personalfinance #finance #pension

## Stats

- **Views:** 41,787
- **Likes:** 2,481
- **Shares:** 0
- **Comments:** 1,869

## Tags

personalfinance, finance, pension

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