Retirement Planning: How much of a retirement fund do you need for a monthly pension of ₹50,000? Understand the full calculation..

Retirement Planning: During your working years, your salary is credited to your account every month, so you don't worry much about expenses. However, this becomes a major challenge after retirement. While the salary stops, expenses do not. You still need to buy groceries, pay electricity bills, purchase medicines, and meet daily needs.

This raises the question: how much money do you need to accumulate by retirement to ensure a comfortable monthly income of ₹50,000 without the fear of running out of funds?

How much of a corpus is needed for a ₹50,000 monthly pension?