Detailed blog post: https://blog.nitinsawant.com/2023/02/lifetime-unlimited-money-through-manual.html
- Invest a lump sum in multiple high performing equity mutual fund e.g. ₹1 lac
- Wait for 1+ year - yea! Let it grow for sometime
- Withdraw ₹1k per month on a fixed date (to minimize loss: withdraw only if mutual fund returns are greater than or equal to 13%)
Suppose you have 1k society maintainance bill:
Widthdrawl plan: https://docs.google.com/spreadsheets/d/1AJ4xg6MEcAMU-bxn4fCSb4eYsyXLZpE1/edit?usp=share_link&ouid=115951208147080227122&rtpof=true&sd=true
- mutual funds are subject to market risks, market down huwa to samjho paisa gaya,
works well if you choose the right mutual fund and start SWP after one year. - its just a theory, try at your own risk