Dreaming of a life where your money works for you? Discover how to achieve ₹1 Lakh passive income by 40 with smart SIP strategies. It's more achievable than you think!
Imagine ₹1 Lakh every month without working. To achieve this, you need a corpus of ₹1 Crore, drawing 1% monthly. Yes, it's a big number, but totally achievable with planning.
For a 25-year-old aiming for ₹1 Cr by 40 (15 years) with 12% annual returns, a consistent SIP of ₹20,000/month can get you there. Start early, compound powerfully!
Initial SIP too high? Increase it annually as your income grows! Even a 10% step-up significantly lowers your starting amount and accelerates corpus growth. Leverage this power!
Opt for equity-oriented funds like Flexi-Cap or Large-Cap for long-term growth. Most importantly, stay invested through market ups & downs. Time in market beats timing it!
Avoid starting late, chasing hot funds, stopping SIPs during dips, or ignoring inflation. Consistent annual reviews and long-term vision are your best friends on this journey.
Ready for financial freedom? Plan your ₹1 Lakh passive income by 40! Use our Goal-based & Step-Up SIP Calculators at sipplancalculator.in. Your journey starts now!