Unlocking Your Dream Retirement Income!
Many dream of a worry-free retirement. ₹75,000 monthly income by 55 is achievable! We'll target a nominal ₹75K, but remember inflation's impact on purchasing power.
To generate ₹75,000 monthly income, you'll need a substantial retirement fund. Using a 4% Safe Withdrawal Rate, your target corpus is a powerful ₹2.25 Crores.
At 12% returns, reach ₹2.25 Cr by 55: Start at 30: ₹17,500/month. Start at 35: ₹28,500/month. Start at 40: ₹54,000/month. Start early for an easier journey!
Feeling the SIP pinch? Start smaller! Increase your SIP by 5-10% annually as your income grows. A ₹10K SIP with 10% step-up can easily hit ₹2.25 Cr in 25 years.
Choose equity MFs (Flexi/Large-cap) for long-term growth. Don't ignore inflation, always step up SIPs, and avoid chasing quick returns. Discipline is paramount!
Ready to plan your future? Visit sipplancalculator.in to use their Goal-Based SIP Calculator. Craft your personalized roadmap to financial freedom by 55!