New Delhi, May 2 -- How to invest according to your age to build a Rs.10 crore corpus - Here's what AI answered, it was literally was a wake up call
I asked Chatgpt that "how much one should invest through mutual funds according to their age to build a Rs.10 crore retirement corpus. Neil: 20 years, Dipto: 25 years, Sanjay: 30 years and Rakesh: 40 years"
To estimate how much each person should invest monthly via mutual funds to build a Rs10 crore retirement corpus, we need to make a few standard assumptions:
Thanks to compounding over 4 decades, even a small SIP grows massively.
A 5-year delay nearly doubles the monthly requirement.
Notice the steep jump - time is the biggest factor.
At this stage, discipline + higher allocation to e...
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