Retirement Planning via Rs 10,000 monthly SIP: Can you guess in how many years you can build Rs 1 crore, Rs 2 crore, Rs 3 crore corpus?

Retirement Planning via SIP: People who want to build a substantial corpus for their retirement need to start planning and investing during their earning phase. This will give them ample time to accumulate the corpus. If you are looking for a consistent and disciplined investment strategy then an SIP in mutual funds can be a useful option. It is a method of investing in mutual funds, where an investor contributes a fixed amount regularly, such as monthly, weekly, or annually. 

In this write-up, we will calculate the time required to build a retirement corpus of Rs 1 crore, Rs 2 crore, and Rs 3 crore with a monthly SIP of Rs 10,000. 

How long will it take to build a retirement corpus of Rs 1 crore with 10,000 monthly SIP?

According to the calculation, one needs to invest for at least 21 years to build a retirement corpus of Rs 1 crore with 10,000 monthly SIP.

Calculations for Rs 1 crore corpus with 10,000 monthly SIP in 21 years

• Total Investment: Rs 25,20,000
• Estimated Capital Gain: Rs 79,10,067
• Total Corpus Received: Rs 1,04,30,067

Also Read: SIP vs PPF for Rs 1,35,000/year investment: Which can create higher corpus in 15 years?

How long will it take to build a retirement corpus of Rs 2 crore with 10,000 monthly SIP?

One needs to invest for at least 27 years to build a retirement corpus of Rs 2 crore with 10,000 monthly SIP, the calculation shows.

Rs 2 crore with 10,000 monthly SIP in 27 years: Calculations

• Total Investment: Rs 32,40,000
• Estimated Capital Gain: Rs 1,83,83,129
• Total Corpus Received: Rs 2,16,23,129

How long will it take to build a retirement corpus of Rs 3 crore with 10,000 monthly SIP?

According to the calculation, it will take at least 30 years to build a retirement corpus of Rs 3 crore with 10,000 monthly SIP. 

Also Read: 15x15x15 Formula of SIP: Can you guess in how many years you can build Rs 1,00,00,000 corpus with Rs 15,000 monthly investment?

Rs 3 crore with 10,000 monthly SIP in 31 years: Calculations

• Total Investment: Rs 36,00,000
• Estimated Capital Gain: Rs 2,72,09,732
• Total Corpus Received: Rs 3,08,09,732

(Disclaimer: Our calculations are projections and not investment advice. Do your due diligence or consult an expert for financial planning)