New Delhi, March 19 -- I plan to retire early in 2030 at 48. With annual expenses of Rs.20 lakh, major future goals, and a diversified portfolio across mutual funds, FDs, PF/PPF, and stocks, what retirement planning steps should I take now to generate sustainable income after 2030?

- Name withheld on request

It's heartening to see someone plan for retirement in advance, though it could ideally have been done a little earlier. With current annual expenses of Rs.20 lakh, you would require about Rs.25 lakh by 2030 assuming a 6% inflation rate.

Based on this, the required retirement corpus would be roughly Rs.5.5-6 crore, assuming a life expectancy of 85 years.

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