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Bloomberg Quint

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SIP Goals: How To Accumulate Rs 10 Crore By Retirement If You Start At 25?

  • 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.

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