I had a Q regarding my mother-in-law's situation. She is 57yrs old & currently widowed & staying at her own house. Her monthly expenses is around 10-15k. I occasionally pay for any medical tests/treatments. She owned a shop, which was rented out & she used to get around 3k rent. She has decide...
I am 38 and i am working on planning on investment for retirement.
My Requirement is simple :
After 55, i need a regular income for next 15 years.
That means, every month / every year i need an amount to survive.
Note : i do have stock, mutual fund, gold & Land...