Is ₹6 crore enough to retire? How to plan for a secure future

I am 38 years old, earning ₹1.80 lakh per month, with monthly expenses of ₹1 lakh.

- Nehal Mota

My current investments include ₹8,000 in NPS, ₹6,000 in VPF, ₹18,000 in EPF, and ₹50,000 per month in equity mutual funds.

My accumulated savings stand at ₹7 lakh in NPS tier-I, ₹15 lakh in PPF, ₹14 lakh in EPF, ₹28 lakh in mutual funds (including ₹2 lakh in a debt fund for emergencies), ₹2 lakh in fixed deposits, ₹4 lakh in equity stocks, and ₹10 lakh in corporate fixed deposits and sovereign gold bonds.

I also have a pending home loan of ₹6 lakh, which I plan to clear in the next three years. My goal is to build a retirement corpus of ₹6 crore by the age of 60. Will this be sufficient to sustain my post-retirement lifestyle, and how should I plan my investments to achieve this goal?

—Name withheld on request

You have a well-structured investment portfolio, and you may be able to reach your ₹6 crore retirement goal earlier than expected.