Dreaming of early retirement in India with a comfortable income? Many aspire to trade deadlines for chai by 45, earning ₹70,000/month. Discover how a smart SIP Calculator can turn this into a clear, actionable plan.
Let's set a goal: To enjoy ₹70,000/month (inflation-adjusted to ₹1.68 Lakh in 15 years), you'll need a corpus of roughly ₹2.45 Crores. Historically, a 12% return is achievable over 15 years in equity MFs.
To hit that ₹2.45 Crore mark in 15 years with a 12% return, a consistent monthly SIP of about ₹48,000 is needed. This might seem like a big jump for some, but there's a smarter way.
The game-changer! With a 10% annual step-up in your SIP, you can start with just ₹20,000/month to reach ₹2.45 Crores. It aligns with salary increments, making it more manageable and realistic.
Focus on diversified equity funds like Flexi-cap or Nifty 50. Avoid over-diversification (3-5 funds are enough). Start de-risking (shift to debt) 5-7 years before retirement. Review, don't react to markets.
Don't ignore inflation, stop SIPs during market falls (they're opportunities!), or chase returns by jumping funds. Review your portfolio yearly, and understand tax implications for capital gains.
Calculate your personalized path to early retirement. Discover your starting SIP, explore step-up options, and plot your journey to financial independence. Start planning today!