How a Rs.25,000 step-up SIP can build a Rs.10 crore retirement corpus in 25 years
New Delhi, Aug. 6 -- Retiring at the age of 50 has become an increasingly popular financial goal among working professionals in India. While achieving financial independence that early requires careful preparation, many investors have reached the milestone through disciplined investing and long-term planning.
Building a sizeable retirement corpus of Rs.10 crore demands a structured investment strategy, consistent contributions and favourable market returns. For investors opting for mutual funds through a Systematic Investment Plan (SIP), staying invested over the long term and leveraging compounding can significantly improve wealth creation.
The illustration indicates that an investor who begins with a monthly SIP of Rs.25,000 and incre...
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