ET explains retirement income planning with a Rs 2.16 crore corpus
In short
Economic Times Mutual Funds said a person spending Rs 1 lakh a month would need about Rs 2.16 crore for retirement, based on a 10% return, 6% inflation and living to age 90.
The point is to show how much money may be needed to keep income coming in after retirement. It is not clear from the reporting whether this is only an example or a general rule.
What the reporting says
Economic Times Mutual Funds said a person with monthly expenses of Rs 1 lakh would need about Rs 2.16 crore in retirement corpus, assuming a 10% annual return, 6% inflation and life expectancy of 90 years. The item frames how much money may be needed to generate regular income and make savings last. It does not say whether the estimate is a recommendation, a model example or tied to any specific product.
Why it matters
Economic Times Mutual Funds published a retirement-income estimate for a person with Rs 1 lakh in monthly expenses, using a Rs 2.16 crore corpus, 10% assumed annual return, 6% inflation and life expectancy of 90 years. The piece is relevant to retirement savers and mutual fund readers because it illustrates how inflation and returns affect corpus longevity. The reporting does not state any product, recommendation or official calculation method beyond the published assumptions.