Dreaming of an early retirement with ₹50,000 monthly income? Let's break down the SIP strategy you need to get there in 20 years. No more guesswork!
Imagine waving goodbye to the daily grind at 45, with a steady ₹50,000 landing in your account. Sounds amazing, right? But what's the real cost and strategy?
₹50,000 today won't be the same in 20 years. At 6% inflation, you'll need ₹1.6 Lakhs/month to maintain the same lifestyle. Don't underestimate it!
To generate ₹1.6 Lakhs monthly post-retirement, assuming a 3.5% withdrawal rate, you'll need a massive corpus of ₹5.48 Crores. That's your true goal!
To hit ₹5.5 Crores in 20 years with a conservative 12% equity return, you need to invest approximately ₹54,000 monthly in diversified equity MFs.
Can't start with ₹54k? No problem! A Step-Up SIP (e.g., ₹20k starting, 10% annual increase) can get you to ₹5.98 Crores! Your salary grows, so should your SIP.
Don't just dream, plan! Use our SIP, Goal, and Step-Up Calculators at sipplancalculator.in to customize your journey. Start today for your future self!