₹70,000 today becomes ₹2.25 Lakhs in 20 years. Your goal isn't just a number; it needs to beat inflation. Plan for the future value!
To withdraw ₹2.25 Lakhs monthly post-retirement (using the 4% rule), you'll need a corpus of ₹6.75 Crores. This is your magic number.
A fixed SIP won't cut it. Start with what you can, then increase your SIP by 10-15% annually as your salary grows. Compounding works wonders!
For long-term goals, equity mutual funds are your best friend. Choose diversified funds & gradually shift to safer options as retirement nears.
Don't ignore inflation, underestimate longevity, or rely on fixed SIPs. Start early, review often, and balance equity for long-term growth.
Ready to build your retirement dream? Use our personalized calculators at sipplancalculator.in to start planning your financial future.