Dream of ditching the 9-to-5 grind by age 55? It's not just a dream, it's a financial goal within reach! Let's break down how to get there.
Target: ₹3 Crore by age 55. If you start at 30 (25 years) aiming for 12% average annual returns, you'd need to invest ₹21,000/month.
Time is your best friend. Start at 30? ₹21,000/month. Wait until 35 (20 years)? That jumps to ₹32,000/month! Don't delay your financial freedom.
Don't just SIP, step-up! Increase your SIP by 10% annually. To hit ₹3 Cr in 25 years (12% returns), you could start with just ₹7,500/month.
For long-term goals, equity mutual funds are key. Consider Flexi-Cap, Large-Cap Index, ELSS (for tax savings), or Balanced Advantage Funds.
₹3 Cr won't feel the same in 25 years due to inflation (4-5% avg). Factor in Long Term Capital Gains (LTCG) tax on equity gains over ₹1 lakh/year. Plan smart!
Ready to personalize your path to ₹3 Cr by 55? Use our SIP and Step-Up SIP Calculators to plan your future! Visit sipplancalculator.in