Secure your retirement in India! Let's break down the strategy to hit your ₹3 Crore goal by age 55.
An ambitious goal! Remember inflation: today's ₹3 Cr won't buy as much in the future. It's a strong *nominal* target, but a great start for your equity MF plan.
Assuming 13% returns by age 55: Start at 25: ₹11K-₹12K. Start at 30: ₹18K-₹19K. Start at 35: ₹32K-₹33K. Start at 40: ₹60K-₹65K. Time is your biggest asset!
Start small, grow big! Increase your SIP annually (e.g., 10%) as your salary grows. A 25-year-old could start with just ₹3.5K-₹4K/month and hit their target with this strategy.
Target long-term growth with equity mutual funds. Diversify with Flexi-Cap. Large-Cap for stability, Mid-Cap for higher growth. Always consult a financial advisor!
Don't start late. Never stop SIPs during market corrections (buy low!). Always step up your contributions annually. Review your portfolio regularly to stay on track.
Calculate your personalized SIP needs now! Use the Goal SIP & Step-Up SIP Calculators at sipplancalculator.in to empower your retirement journey.