Retirement Planning should start from the day you start earning. This kind of retirement planning requires an investor to start financial preparation early to last throughout the golden years of your life. While planning for retirement, most of us usually assume a life span of 70-75 years. The average life expectancy is 69 years in India. As an investor, start early investment in mutual funds especially equity schemes to create a healthy retirement corpus over a period of time. Equity funds have a potential to beat inflation over the long term.
Please find below the table where a regular monthly SIP in equity schemes can help build significant retirement corpus :
Note: This is just an illustration. Actual results may vary and the Values are rounded off to the nearest.
Disclaimer: Mutual fund Investments are subject to market risks, read all scheme related documents carefully.