Ever dreamt of hanging up your corporate boots by 55? Imagine enjoying life with ₹80,000 landing in your account monthly. It's not just a dream, it's a plan!
The biggest mistake? Ignoring inflation! ₹80,000 in 25 years won't have today's purchasing power. You might need ₹3.42 Lakhs/month to truly live comfortably.
To get ₹3.42L/month, you need a corpus of ~₹6.3 Crore! But let's start with a tangible ₹1.5 Cr (generating ₹80K today) & adjust with smart planning.
Want ₹1.5 Cr by 55? If you're 30, it's ₹12,500/month. If you're 40, it jumps to ₹46,000/month! Time is your biggest asset for compounding wealth. Don't delay!
Don't just invest, 'step-up' your SIP! Increase it by 10% annually to match salary hikes and beat inflation. Opt for Flexi-cap, Index, or ELSS funds for long-term growth.
Don't ignore inflation, underestimate expenses, or start late. Review your SIP yearly, stay invested through market ups & downs, and avoid chasing 'hot' funds.
Ready to make your retirement a reality? Use a reliable SIP calculator today to map out your goals! Visit sipplancalculator.in to start planning your future!