Can you generate Rs 9 crore corpus from Rs 15,000 monthly SIP investment? See calculations to know it
Retirement Corpus Calculator: A small monthly SIP investment can help an investor generate a substantial corpus in the long run even if they get average return and stick to their investment for a long time.
Power of Compouding: From Rs 15,000 monthly SIP investment to Rs 9 crore corpus? Is it possible? Does it sound too ambitious? Can a person depending on a monthly paycheque dream it? Or is it for someone earning a 5-figure monthly pay package? The power of compounding in an investment journey can make many uphill tasks easy if one gives sufficient time to their investment and lets it grow gradually. To make it happen, the best practice is to either start investing early or, if someone has delayed it, then start it with a larger monthly investment. If they do that, even a corpus of Rs 9 crore from monthly SIP investment is possible. We will tell how many years it may take for a person to achieve a Rs 9 crore retirement corpus from Rs 15,000 monthly SIP investment if their annualised return on SIP investment is 12 per cent, 13 per cent, 14 per cent, and 15 per cent. Also, if somebody starts their investment journey at 25 years of age, by what age can they achieve this target?
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(Disclaimer: This is not investment advice. Do your own due diligence or consult an expert for financial planning)
From Rs 15,000 monthly SIP to Rs 9 crore corpus: Years to reach at 12% return
It will take approximately 35 years to achieve this goal.
From Rs 15,000 monthly SIP to Rs 9 crore corpus: Years to reach at 12% return
In 35 years, the investment will be Rs 63,00,000, estimated capital gains will be Rs 9,11,29,036, and the estimated corpus will be Rs 9,74,29,036.
From Rs 15,000 monthly SIP to Rs 9 crore corpus: Years to reach at 13% return
At 13 per cent annualised return, it will take approximately 33 years to reach the Rs 9 crore corpus goal.
From Rs 15,000 monthly SIP to Rs 9 crore corpus: Years to reach at 13% return
In 33 years, the investment will be Rs 59,40,000, estimated capital gains will be Rs 9,24,56,220, and the estimated corpus will be Rs 9,83,96,220.
From Rs 15,000 monthly SIP to Rs 9 crore corpus: Years to reach at 14% return
At 14 per cent annualised return, it will take approximately 31 years to achieve the goal of a Rs 9 crore retirement corpus.
From Rs 15,000 monthly SIP to Rs 9 crore corpus: Years to reach at 14% return
In 31 years, the investment will be Rs 55,80,000, estimated capital gains will be Rs 9,04,18,615, and the estimated corpus will be Rs 9,59,98,615.
From Rs 15,000 monthly SIP to Rs 9 crore corpus: Years to reach at 15% return
At 15 per cent annualised return, the Rs 9 crore corpus goal target can be achieved in approximately 29 years.
From Rs 15,000 monthly SIP to Rs 9 crore corpus: Years to reach at 15% return
In 29 years, the investment will be Rs 52,20,000, estimated capital gains will be Rs 8,51,97,044, and the estimated corpus will be Rs 9,04,17,044.
Age by when 25-year-old can achieve Rs 9 cr corpus target (at 12% return)
A 25-year-old can achieve the goal by 60 years of age.
Age by when 25-year-old can achieve Rs 9 cr corpus target (at 13% return)
By 58 years of age, they can scale this peak.
Age by when 25-year-old can achieve Rs 9 cr corpus target (at 14% return)
At 14 per cent annualised growth, the target can be achieved by 56 years of age.
Age by when 25-year-old can achieve Rs 9 cr corpus target (at 15% return)
The target can be achieved by 54 years of age if the annualised rate of return is 15 per cent.