Tue, Dec 17, 2024
Starting to invest early can help one build a large retirement fund. The earlier you begin, the better your chances of growing your savings compared to someone who starts later. In this article, we’ll see how saving Rs 9,000 every month and investing it in a step-up Systematic Investment Plan (SIP) can help you build a retirement corpus of Rs 8 crore.
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Thu, Nov 07, 2024
A planned retirement is better than making a fluster purchase of retirement schemes at the last moment. Therefore, today we will be discussing how many years it will take for an investor to build Rs 2 crore retirement corpus by investing Rs 5,000 monthly in SIP.
Sun, Aug 27, 2017
Ideally, a person start working at the age 21 and look for retirement by 60. In this 39 years of life span, there are sea of expenses which incurs. To make sure you do not have to compromise on your post-retirement life, it is always advisable to plan early.
Sat, Aug 26, 2017
The simple formula of saving is out of your total monthly earning, keep one-third amount as savings. Supposedly, your salary is Rs 100, save atleast Rs 33 every month and spend Rs 99 on your expenses.
Tue, Aug 15, 2017
Do not spend more than what you can afford to repay, and decide your priorities wisely to avoid the burden. You can reduce the debt by saving monthly and investing in Systematic Investment Plan (SIP).
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![Even with "zero" savings, you can enjoy post-retirement life with Rs 2 crore, this is how](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2017/08/27/23307-retirement-pixabay.jpg?itok=E5Isv18J&c=94a754cff7001d01ea86df72600f819d "Even with "zero" savings, you can enjoy post-retirement life with Rs 2 crore, this is how")
![How to make Rs 4,000 monthly investment in SIPs to Rs 4 crore for "secured" retirement life?](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2017/08/26/23282-savings1-pixabay.jpg?itok=MzMiMAfa&c=679d8aa1ba693c993ba4b02a7ab749c7 "How to make Rs 4,000 monthly investment in SIPs to Rs 4 crore for "secured" retirement life?")
![Independence Day: With monthly savings, get "freedom" from debt](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2017/08/15/22910-savings3-pixabay.jpg?itok=uho-CUqq&c=d1bd8b4d24ffed33c57e5b6f470975b0 "Independence Day: With monthly savings, get "freedom" from debt")