Starting at 40? Discover your SIP plan for a comfortable, inflation-proof retirement. It's not too late, but we need to be strategic!
You want ₹70,000/month at 60 (in today's value). But inflation (6% annually) means that's actually ₹2.25 LAKH per month by then!
To generate ₹2.25 Lakh/month for 25 years post-retirement, you'll need a massive corpus. We're targeting around ₹7 CRORE by age 60!
To hit ₹7 Crore in 20 years with a constant SIP (12% returns), you'd need to invest ₹70,000 every single month. Not feasible for most!
Start with a manageable SIP (e.g., ₹25,000) and increase it by 10-15% annually. This aligns with salary hikes & makes ₹7 Cr achievable!
1. Underestimating Inflation. 2. Not Stepping Up SIPs. 3. Stopping SIPs during market dips. 4. Being too conservative (you need equity!).
Don't wait! Use our Goal SIP or Step-Up Calculators to tailor your retirement plan. Your future self will thank you! Visit sipplancalculator.in now!