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Systematic Withdrawn from Retirement Corpus

  generated by metaai Everyone sometimes in their life tries to make proper and safe plans for their retirement and investment. Let's take a look at an example.  You have 15000000 investment if it grows 15% CAGR [year by year growth] then how much you can withdraw with SWP each month from now without decreasing the total corpus, and what will be the corpus after 10 years. To calculate the monthly withdrawal you can make using a Systematic Withdrawal Plan (SWP) from your mutual fund investment without decreasing the total corpus, and to determine the corpus after 10 years, we need to consider the following: 1. Initial Investment (P): ₹15,000,000   2. Annual Growth Rate (CAGR): 15%   3. Time Period (T): 10 years   4. Monthly Withdrawal (SWP): This is what we need to calculate. Step 1: Calculate the Future Value of the Corpus After 10 Years The future value (FV) of your investment after 10 years, assuming it grows at 15% CAGR, can be calculated using...

How to Prepare for AI Driven Career

  Introduction We are all living in our "ChatGPT moment" now. It happened when I asked ChatGPT to plan a 10-day holiday in rural India. Within seconds, I had a detailed list of activities and places to explore. The speed and usefulness of the response left me stunned, and I realized instantly that life would never be the same again. ChatGPT felt like a bombshell—years of hype about Artificial Intelligence had finally materialized into something tangible and accessible. Suddenly, AI wasn’t just theoretical; it was writing limericks, crafting decent marketing content, and even generating code. The world is still adjusting to this rapid shift. We’re in the middle of a technological revolution—one so fast and transformative that it’s hard to fully comprehend. This revolution brings both exciting opportunities and inevitable challenges. On the one hand, AI is enabling remarkable breakthroughs. It can detect anomalies in MRI scans that even seasoned doctors might miss. It can trans...

Creating an AI Avatar

  Creating an AI Avatar with LLM and AI/ML To create an AI avatar, you can use Meta's AI Studio. Here's a step-by-step guide: Access AI Studio : You can access AI Studio on Instagram by navigating to your DMs, tapping the compose icon, and selecting "AI Chats." Alternatively, you can visit [(link unavailable)]((link unavailable)) on your desktop. Create a New AI Character : Select the "Create" option to start building your AI character. You can use pre-filled templates or start from scratch. Customize Your AI Character : Customize your AI character's name, personality, tone, avatar, and tagline. You can use a wide variety of prompt templates to make an AI that teaches you how to cook, helps you with your Instagram captions, shares advice on fashion, or provides daily affirmations. Experiment and Fine-Tune : Once your AI character is generated, you can edit, fine-tune, and experiment with how it communicates. Publish Your AI : Publish your AI by sharing i...