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For retirement in 29 years, Wagh will want a sum of `4.58 crore assuming an inflation of eight% and present lifestyle. To amass this, Wagh must allocate his EPF corpus and standard plan’s maturity value. This is assuming that he will continue to contribute to the EPF till he retires. With each other, these investments will fetch about `2.35 crore in the specified time frame. For the remaining amount, he will have to start an SIP of `6,000 in a diversified equity fund.
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