Mastering Compounding: 555 Formula; the way to create Rs 2.64 cr retirement corpus through Rs 5,000 monthly SIP; one can get up to Rs 1.34 lakh pension
555 Retirement Investment Strategy: The 555 formula tells to invest Rs 5,000 monthly in a mutual fund SIP, increase the investment by 5 per cent every year, and retire 5 years earlier than the retirement age of 55. Through the years of compounding growth, the strategy can help one generate a retirement corpus of over Rs 2.63 crore.
The 555 investment formula is one such long-term investment strategy that can help one the retirement financial goal. Photo: Pixabay/Representational