Deepak here! Let's tackle that burning question: How much SIP for ₹70,000/month retirement in 15 years in India? It's more than just a number.
Your ₹70,000/month goal today needs to become ₹1.68 Lakhs/month in 15 years due to 6% inflation. Don't let inflation silently erode your future comfort!
To achieve ₹1.68 Lakhs/month income in retirement using the 4% rule, you'll need a total corpus of approximately ₹5.03 Crores. That's your true goal!
To build a ₹5.03 Crore corpus in 15 years with a 12% annual return, you'll need to invest around ₹1,00,000 - ₹1,05,000 per month. A big number, right?
Don't get overwhelmed! Increase your SIP by 8-10% annually (with salary hikes). Starting lower and stepping up makes this ambitious goal achievable over time.
Don't underestimate inflation, delay starting, stop SIPs in downturns, or ignore annual reviews. Consistency & smart choices are key to your financial freedom.
Ready to make your retirement dreams a reality? Use our SIP calculators to plan your path and visualize your future. Start investing smart, now! Visit sipplancalculator.in