Starting early via SIP investments is crucial for wealth accumulation due to compounding; beginning at 25 provides a 35-year window for building a retirement corpus.
Long-term financial goals like retirement funds benefit from mutual fund SIPs, offering higher returns and compounding benefits with small investments over time.
To accumulate Rs 10 crore by retirement at 60 starting at 25 with a 12% expected return, one needs a monthly investment of Rs 15,400, showcasing the power of compounding.
Considerations like 'step-up SIP' can help reach the Rs 10 crore target faster, with caution advised due to market volatility and varying returns based on financial circumstances and risk tolerance.