5CR with just 5K SIP

Here’s how:-

If you start a SIP of 5k with a 10% step up every year at your age 21 that is when you have just graduated !

5k is a reasonable amount at that time - if it’s not ofcourse you can change it as per your affordability.

Once you reach your age 33 (after 12 years) you will be having nearly 30L market value MFs at a rate of return of 15% CAGR. Now from this 30L - Use 20L from this for your down payment to buy a house 🏠 and keep the 10L to grow for future with the step UP SIP which would be around 15-17k at that time which is affordable !

Now when you are at your age of 50 (after 17 years) with that step up SIP you will have around 2.6CR + 10L at age of 33 would have become 1.07CR so 2.6+1.07= 3.67CR. Now from this you can fund for you child higher education and marriage around 1.5CR or as per your affordability.

Now at 50 stop the SIP - still your 1.5-2CR will become around 6-7CR at your age of 60 and then start a SWP on a monthly basis for your household expenses until you are alive and still you will have a good corpus of 50+CR.

Consult a financial advisor before investing and if you want a personalised investment plan as per your goals - you can download our app MyFundSIP and we will guide you and prepare an Investment Plan for you !

Видео 5CR with just 5K SIP канала Pooja Patel CFP (Profit Tiger)