From Rs 20,000 Monthly SIP to Rs 14 Crore Corpus: How many years it can take to reach that goal; by what age one can attain that stage

From Rs 20,000 Monthly SIP to Rs 14 Crore Corpus: What is a retirement corpus, and how do you decide its size? What should be your retirement corpus? The retirement age is not a fixed number. It's the age when you don't have to depend on your monthly income. It's a stage when your passive income from your retirement corpus can help you bear your monthly expenses. This age can differ from person to person.

Liabilities and other expenses at retirement and inflation-adjusted post-retirement expenses are key components to decide the retirement corpus.

Selection of investment schemes and monthly investment to achieve that target are other two factors to achieve the retirement corpus goal.

In this write-up, know how many years it will take to achieve the retirement corpus goal of Rs 14 crore if one invests Rs 20,000 a month in mutual funds through Systematic Investment Plan (SIP).

Also know if one starts their retirement journey at the age of 25 years, in how many years they can achieve this goal.

Investment conditions

The monthly SIP investment will be Rs 20,000.

The calculation will be based on annualised returns of 12 per cent, 13 per cent, 14 per cent, and 15 per cent.

We have selected mutual fund SIP since these kinds of returns are expected in that investment.

Years to achieve Rs 14 crore corpus from Rs 20,000 monthly SIP (at 12% return)

It will take approximately 36 years to achieve this target.

The investment in 36 years will be Rs 86,40,000, estimated capital gains will be Rs 13,79,96,822, and the expected retirement corpus will be Rs 14,66,36,822.

Years to achieve Rs 14 crore corpus from Rs 20,000 monthly SIP (at 13% return)

The approximate time to reach the retirement corpus target of Rs 14 crore will be 34 years.

The investment in 34 years will be Rs 81,60,000, estimated capital gains will be Rs 14,14,01,715, and the estimated retirement corpus will be Rs 14,95,61,715.

Years to achieve Rs 14 crore corpus from Rs 20,000 monthly SIP (at 14% return)

It will take approximately 32 years to achieve the retirement corpus target.

The invested amount in those years will be Rs 76,80,000, estimated capital gains will be Rs 13,96,92,659, and the estimated retirement corpus will be Rs 14,73,72,659.

Years to achieve Rs 14 crore corpus from Rs 20,000 monthly SIP (at 15% return)

The approximate time to reach the financial goal will be 30 years.

The investment in 30 years will be Rs 72,00,000, estimated capital gains will be Rs 13,29,96,412, and the estimated retirement corpus will be Rs 14,01,96,412.

Age to reach Rs 14 cr retirement corpus (at 12% return)

The one who starts investing at 25 can achieve that target by 61 years of age.

Age to reach Rs 14 cr retirement corpus (at 13% return)

A 25-year-old can achieve the financial goal by 59 years of age.

Age to reach Rs 14 cr retirement corpus (at 14% return)

At 14 per cent annualised growth on their investment, a 25-year-old can reach the Rs 14 crore retirement target by 57 years of age.

Age to reach Rs 14 cr retirement corpus (at 15% return)

At that growth rate, the 25-year-old can achieve the target by 55 years old.

(Disclaimer: This is not investment advice. Do your own due diligence or consult and expert for retirement planning.)