How long will ₹1.5 crore last with ₹65,000 a month SWP?

What the numbers say about ₹1.5 crore and ₹65,000 a month

You are drawing ₹7,80,000 in the first year, which is 5.2% of the ₹1.5 crore corpus, a modest rate. Put differently, the corpus is 19.2 times your first year of withdrawals. At the 3.5% starting rate many Indian planners prefer, the same ₹65,000 a month would need ₹2.23 Cr, so this corpus covers 67% of that benchmark.

Growth covers the withdrawals for the first 15 years. In year 16 you take out ₹18.69 L while the corpus earns ₹17.72 L, and from then on the balance shrinks. It peaks at ₹2.07 Cr at the end of year 15, 38% above where you began.

Across the 28 yrs 7 mo you would withdraw ₹5.6 Cr in total, 373% of the starting corpus, because growth keeps paying part of the bill. Inflation does the damage: the ₹65,000 of today becomes ₹3,32,260 a month by year 29, and the balance falls to ₹24.91 L at the end of year 28.

For the money to last 30 years instead, the first withdrawal would have to be ₹63,090 a month, which is ₹1,910 (3%) less than ₹65,000. Anything above that amount trades years of income for a higher monthly cheque.

This uses one steady 9% return. If markets deliver 8% the money lasts 24 yrs 7 mo; at 10% it lasts 35 yrs 4 mo. A withdrawal that never rises would last beyond 60 yrs, but it would buy about 20% as much at the end. A bad first few years hurts more than these averages show, so keep two or three years of withdrawals in debt funds or deposits.