Dreaming of escaping the rat race with a comfortable ₹1 Lakh monthly income in 15 years? This fantasy can be a reality with the right SIP strategy!
Don't plan for today's ₹1 Lakh! With 6.5% annual inflation, ₹1 Lakh today will be worth ₹2.57 Lakh/month in 15 years to maintain the same purchasing power.
To generate ₹2.57 Lakh/month (inflation-adjusted) sustainably at a 4% withdrawal rate, you'll need a massive corpus of ₹7.7 Crore in 15 years.
To hit that ₹7.7 Crore target in 15 years with a 12% estimated annual return, a fixed monthly SIP of ₹1,47,000 is needed. That's a hefty sum for many!
Don't invest a static amount! With a 10% annual 'Step-Up SIP', you could start with just ₹60,000 - ₹65,000/month. Grow your investments as your income grows!
For 15 years, consider Flexi-Cap or Large & Mid-Cap equity funds. Avoid starting late, stopping SIPs in dips, chasing 'hot' funds & underestimating inflation.
Ready to map out your retirement? Use our reliable SIP calculators to tailor a plan that fits YOUR goals. Your future self will thank you! Visit sipplancalculator.in