Dreaming of a comfortable retirement? Let's break down how much you need to invest monthly to secure a ₹1 Lakh pension after two decades.
20 years is your secret weapon! It's enough time for equity mutual funds and the power of compounding to truly supercharge your investments. Start early!
Inflation is real. To receive ₹1 Lakh nominal monthly pension after 20 years, you'll need a substantial retirement corpus of approximately ₹5 Crores.
A flat SIP falls short. Start with a manageable ₹18,000/month and increase it by 10% annually. This 'step-up' SIP can build ₹5 Crores in 20 years!
For long-term wealth, choose Equity Mutual Funds: Flexi-Cap, Large-Cap, Index Funds (Nifty 50/SENSEX), or ELSS funds for tax savings too.
Don't stop SIPs in market dips, chase 'hot' funds, or ignore inflation. The biggest mistake? Delaying your start! Every day counts.
Map out your retirement journey! Use the SIP Calculators on sipplancalculator.in to customize your goals and start investing today.