Dreaming of a ₹3 Cr retirement fund by 58? Let's break down the SIP you need to make that dream a reality. Get ready for a financial roadmap!
₹3 Crore in 28 years won't feel like ₹3 Crore today. With 6% inflation, it's like ₹58.5 Lakh in today's money. Plan for real value!
Start at 28? ₹12,500/month. Start at 38? ₹43,000/month. Start at 43? ₹90,000/month. The earlier you begin, the less you pay!
Don't commit to a huge SIP initially. Increase your SIP by 5-10% annually as your income grows. It dramatically reduces initial burden and boosts your corpus!
For long-term growth, consider Flexi-Cap, ELSS, or Index Funds. Stay disciplined! Don't stop SIPs during market dips; consistency is key to success.
Don't start late, stop during market falls, or neglect stepping up. Avoid chasing returns & always factor in inflation. Review your plan annually!
Ready to tailor your SIP? Use our goal-based SIP calculator at sipplancalculator.in. Your future self will thank you for starting today!