Private Job Holders: Get Rs. 60,000 Monthly Pension with PPF!

• Private job holders and small business owners can secure a monthly income of Rs. 60,000 after retirement using the Public Provident Fund (PPF).
• PPF is a government-backed small savings scheme offering low risk, tax-free returns, and long-term compounding benefits.
• Invest up to Rs. 1.5 lakh annually in PPF; minimum investment is Rs. 500. The scheme has a 15-year lock-in, extendable in 5-year blocks.
• With a 7.1% annual interest rate, investing Rs. 1.5 lakh annually for 25 years can build a corpus of approximately Rs. 1.04 crore.
• A corpus of Rs. 1 crore, earning 7.1% interest, can generate about Rs. 61,500 per month, allowing the principal to remain untouched.