Where can I invest to earn Rs 1 lakh per month?

I am 59 years old and will be retiring next March. After retirement, I will be having a corpus of about Rs 1 crore. My monthly expenses would be Rs 1 lakh per month. Can you kindly advise me on investment strategy and the best financial instruments to invest in? I am ok with medium risk. - Bhanuprakash If you want to generate a monthly income of Rs 1 lakh through a corpus of Rs 1 crore, you are aspiring for an annual return of 12 per cent. However, it's important to note that equities, which usually deliver such returns over the long-term, are erratic and don't provide linear returns every year. Furthermore, it's advisable not to consume the returns generated during the year

This article was originally published on March 14, 2023.