I am 37 and my wife is 33. We live in Gurgaon with our 4-year-old daughter. Our combined net monthly income is ₹3.7 lakh, with additional annual/quarterly bonuses (₹15L+ gross for me, ₹25K+ gross quarterly for my wife). - Assets & Investments (cumulative)

I am a 39 year old living in Bangalore with wife, 2 children (6 year old and 1 year old). My mutual fund (all equity) portfolio is 31 lac. Current monthly SIP is 50000. Current EPF balance 18 lac. My wife and I have PPF accounts, whose balance is 40 lac together. I have an own house and have no plans to construct another. What should be my retirement corpus if I want to retire in 8 years from now. I'm planning to use both PPF accounts money for children education. When should I withdraw my EPF completely? How should I make use of my EPF+SIP money into SWP in order to sustain the corpus till I'm 75? Please suggest. Ans: You have shared clear details. You also show strong discipline with investing. That is impressive. Your planning mindset at 39 is a big strength. You already hold equity funds, EPF, and PPF. You also hold your own house. This builds a stable base for your retirement in 8 years. Your Current Position You follow a steady SIP habit. You contribute Rs 50000 each month. This is a major advantage at your age. Your equity fund corpus is Rs 31 lakh now. Your EPF is Rs 18 lakh. Your joint PPF value is Rs 40 lakh. You plan to use PPF for education. That is smart. You also keep a clear track of your numbers. All this will help you reach a stable retired life. Your retirement in 8 years is a near-term goal. It needs careful planning. Your savings rate is strong. Your diversification across EPF, PPF, and equity is balanced. You also have no housing cost plans. That reduces future burden. » Understanding Your Future Living Requirements Your lifestyle cost is the first factor. You need steady monthly income for about 27 to 28 years after retirement. That means from age 47 to 75. Cost of living in Bangalore rises fast. Your retired life needs inflation cover. Your portfolio must support slow growth and steady withdrawals. Most families like you need a large retirement fund. You need room for rising expenses. You also need room for medical needs. You also need money for lifestyle costs during long retired life. So a strong corpus gives safe independence. You need a large retirement corpus. A large corpus gives steady income. It also helps you face inflation. It also builds safety for long life. There is no exact number here. But your aim should be a multi-crore target. Your current savings rate and present corpus show that such a corpus is possible. Avoid exact formulas now. Focus on consistent investing. » Why Your SIP Discipline Matters Your Rs 50000 SIP each month builds strong long-term growth. You already show patience. Equity funds need time. You plan to retire in 8 years. That is a short horizon for pure equity. But your current fund balance plus monthly contributions can grow well. Since you invest in actively managed funds, you gain from fund manager skill. Direct funds give too much responsibility to investors. Regular plans through MFDs with CFP guidance ensure better tracking. That improves behaviour and outcomes. Regular plans also offer structured review support. That helps you stay on track. Your current path is already aligned with this thinking. Actively managed funds also adjust within the fund. They pick strong sectors and avoid weak ones. Index funds cannot do that. Index funds follow market weight. They buy even weak stocks. This limits returns in volatile times. They fall in every market fall. They also drag in sideways markets. That hurts investors with shorter horizons like yours. Your plan needs managed control. Your plan needs smart handling of risk. Actively managed funds give that flexibility. » Your EPF Role in Retirement Your EPF is a stable part of your retirement plan. It gives safe growth with annual interest. It is also tax-efficient on withdrawal after retirement. But EPF alone cannot fight inflation risk. That is why you must mix EPF with mutual funds in your retirement plan. You can withdraw EPF fully when you stop working. But it is wise to withdraw only after you are fully retired. EPF interest is tax-free while employed. After retirement, EPF interest becomes taxable if left untouched for long. So plan to withdraw within a clear window once you stop earning. You can shift the withdrawn amount into a safer mutual fund category. This gives better liquidity and flexible income planning. » When to Withdraw EPF You may withdraw EPF after you retire from your job. But withdraw only when you are ready to shape your retirement income plan. Take out the full amount in one go. Then shift it into a structured retirement allocation. That helps build your SWP plan. EPF stays stable till the day you stop working. So let it grow untouched until your retirement date. That gives safe compounding for 8 more years. This is valuable for your retirement base. » Position of Your PPF in Education Planning You plan to use PPF for your children’s education. This is smart. PPF is safe and tax-free. It also gives stable growth. Using it for education reduces pressure on your retirement money. You also have two PPF accounts together. This gives enough scope for college costs. So keep your PPF untouched for retirement. It is better to keep it only for education. » Retirement Portfolio Structure After You Retire Your retirement corpus should help generate monthly income. It must last till age 75 and beyond. You need a balanced mix. You need safe options for stability. You need growth options for inflation. And you need flexible liquidity. Your post-retirement portfolio should have three parts: – A low-risk bucket for the first 3 to 5 years of income. – A medium-risk bucket for the next 7 to 10 years. – A growth bucket for long-term inflation protection. A bucket structure protects funds. It allows sustainable SWP. It also keeps your money growing even after you start income withdrawals. Use actively managed debt funds for short-term safety. They preserve capital and offer flexibility. Avoid direct plans here also. Regular plans give better support and review. Use hybrid and diversified equity funds for long-term inflation defence. This mix balances both growth and safety. » How to Move Your EPF + Mutual Fund Corpus Into SWP Once you retire, combine your EPF withdrawal and your mutual fund corpus. Do not shift everything to only low-risk funds. That will kill growth and your money may not last till 75. Instead, split the money in a planned manner. – Keep the first few years of expenses in safer mutual fund categories. – Keep the mid-term money in balanced strategies. – Keep the long-term part in diversified equity. Then start an SWP only from the low-risk bucket. You will refill this bucket every few years by trimming gains from the growth bucket. This cycle helps your corpus sustain for long years. This is the safest and smartest way to run an SWP for long life. SWP gives tax efficiency. SWP also gives predictable income. SWP also avoids early depletion of principal. This helps your money last longer. Equity funds give better long-term growth. This covers inflation. Debt funds offer stability. This supports SWP in early years. The mix of both ensures that your money can last till age 75 and longer. » Managing Risk During SWP Risk control matters after retirement. Your portfolio must stay calm. It must avoid sharp falls. You can reduce risk by: – Keeping at least 4 to 5 years of income in safer funds. – Reviewing your asset mix once a year. – Booking profit in growth funds every few years. – Not reacting to short-term market noise. This keeps your plan stable. This also supports your SWP for many years. Behaviour is key in retirement investing. Calm behaviour supports long life of corpus. » Why Not Shift Entire Money to Fixed Deposits Fixed deposits look safe but fail to beat inflation. They also give no flexibility for long-term income planning. FD interest is taxable. This reduces net income. FDs also do not adjust for inflation. So avoid shifting everything to FDs. Use managed mutual fund structure for better long-term planning. » How to Align Your Plan With Life Goals You have two major goals: – Retirement in 8 years. – Education for two children. Your PPF will take care of education. Your EPF and equity funds will take care of retirement. Your SIP will build growth. Your EPF will build safety. Your PPF will support education without stress. This balance creates stability for your family. Your retirement may need some extra savings. You may increase SIP if you can. Even small increases give strong growth over 8 years. You may also keep at least 6 months of expenses in a bank account. That gives stability. It also avoids forced selling of funds. » Cash Flow Planning Post Retirement Build your income layers after retirement: A SWP from low-risk funds for monthly cash. A refill mechanism using gains from the growth bucket. A medical buffer in safe funds. A separate education buffer in PPF. This gives smooth income. It creates safety. It supports long-term life goals. It also avoids early depletion of funds. » Why Actively Managed Funds Fit Your Plan Active strategies suit your short retirement horizon. They adjust risk. They pick better stocks. They avoid weak companies. This protects your money in volatile markets. Index funds cannot do this. Index funds buy every company in the index. They follow market weight. They cannot protect from market falls. They give no flexibility. This harms retirees. So avoid index funds. Stay with actively managed funds through regular plans. » Behaviour, Discipline, and Annual Review You are already disciplined. Continue this. Keep yearly reviews. Do not change funds often. Do not panic in market falls. Do not overreact to news. Follow steady decisions. This helps your corpus last longer. Behaviour shapes 90% of results. » Final Insights You have a strong start. You have good habits. You have balance across products. You also have clear goals. With 8 years left, you can build a strong foundation. Your SIP and EPF together can reach the size needed for long retired life. Your PPF will support education needs safely. Then you can shift your combined retirement corpus into a well-balanced SWP plan. This will help you maintain steady monthly income till age 75 and beyond. Stay consistent. Stay patient. You are on the right path. Best Regards, K. Ramalingam, MBA, CFP, Chief Financial Planner, www.holisticinvestment.in https://www.youtube.com/@HolisticInvestment