Are your financial goals feeling distant despite salary hikes? Discover how a smart investment strategy can supercharge your wealth creation for a brighter future!
Annual raises but savings still lag? Inflation quietly erodes returns. Your fixed SIP might not keep pace with your growing income & big goals like a dream home or child's education.
A Step Up SIP means you increase your investment amount by a fixed percentage or amount each year. It auto-pilots growth, aligning investments with your rising income. Say goodbye to static savings!
Don't just invest more, invest smarter! Rahul's ₹10k SIP over 20 years yields ₹99.9L. But with a 10% annual step-up, it skyrockets to ₹2.75 Cr! That's nearly 3 times more wealth.
What percentage works for you? Align with your salary hike (8-10%), factor in inflation, and consider your goals. Even a 5% annual increase is far better than none. Start small, grow big!
Ideal for long-term goals like retirement (10-15% step-up), child's education, or tax savings (ELSS). Don't forget to set it up, review annually, and use a calculator to see the impact!
Don't just imagine the possibilities! Use the Step Up SIP Calculator at sipplancalculator.in to see your future wealth and plan your financial freedom today!