Dream of retiring at 50 with ₹75,000/month? Let's break down the numbers and reveal the smart strategy to make it happen!
₹75,000/month today won't buy the same in 20 years. With 6% inflation, you'll need ₹2.4 Lakhs/month to keep your purchasing power!
To get ₹2.4 Lakhs/month (future value) using the 4% withdrawal rule, you'll need a massive ₹7.2 CRORE retirement corpus. That's the target!
Achieving ₹7.2 Crores in 20 years with a 12% return means a ₹75,000-₹80,000 fixed monthly SIP. For many, that's simply not realistic.
Start smaller (e.g., ₹30k/month) and increase your SIP by 10% annually. This smart move makes your ₹7 Crore goal easily achievable in 20 years!
Diversify (flexi/large/mid-cap funds), consider Balanced Advantage funds. Review regularly & de-risk closer to retirement for a stable corpus.
Ready to build your personalized plan? Use our Step-Up SIP Calculator to crunch your numbers and take control of your future! sipplancalculator.in