Dreaming of ₹75,000 monthly income post-retirement? Let's decode how much you need to SIP today for a worry-free tomorrow.
Inflation is real! Your ₹75,000 today might need to be ₹1.9 Lakh in 20 years to have the same buying power. Factor this in!
Start early! Compounding allows your money to grow exponentially. The longer you invest, the less you need to contribute each month.
For a ₹1.9L monthly income (inflated), you'd need ~₹5.7 Cr corpus. With 20 years, it's ~₹59K SIP, or start with ₹30K + 10% annual step-up.
For long-term growth (15-20+ years), choose equity mutual funds: Flexi-cap, Large & Mid-cap, or Index Funds. Diversify and review regularly.
Don't ignore inflation, start late, or miss SIP step-ups. Avoid overly conservative investments early & frequent fund hopping. Stay disciplined!
Ready to secure your dream retirement? Use our Goal-Based SIP & Step-Up Calculators to find your magic number! Visit sipplancalculator.in now!