Dreaming of a comfortable retirement at 55? Let's break down the real numbers and discover how much SIP you truly need to achieve that ₹70,000/month lifestyle!
₹70,000/month today won't be enough in 25 years. With 6% inflation, you'll need ₹3 lakhs/month to maintain lifestyle. Plan for a ₹4 Cr corpus by age 55!
Equity mutual funds (Flexi-Cap, Large-Cap, Balanced Advantage) are key. Aim for 12.5% annual return. To build ₹4 Cr, you'd need ₹28,000/month SIP initially.
Can't do ₹28K? Start with ₹15K/month. Increase by 10% annually. In 25 years at 12.5% return, achieve ₹4.5 Cr! Makes big goals much more manageable.
Don't delay starting – compounding needs time! Ignoring inflation is the silent killer of retirement dreams. Always factor it into your calculations.
Never stop SIPs during market falls; it's when you buy cheap! Avoid chasing returns or constant fund switching. Review annually, but don't over-tinker.
Your dream retirement is within reach! Use our SIP calculators at sipplancalculator.in to plug in your numbers and plan your financial freedom.