555 SIP Strategy: Build Rs 2.64 Cr Retirement Corpus with Rs 5,000 SIP
Zee Business Video Team | Updated: November 11, 2024 07:24 PM IST
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.
