Retirement Planning via Rs 15,000 monthly SIP: Can you guess how long it will take to build Rs 3 crore, Rs 4 crore, Rs 5 crore corpus?

Retirement Planning via SIP: For those who want a financially independent post-retirement life, a monthly SIP investment can be beneficial for them. It is a method of investing where an investor invests a fixed amount regularly, such as monthly, weekly, or annually. However, the amount you need to invest in an SIP depends on your financial goal. Here, we will calculate how much time it will take to build a retirement corpus of Rs 3 crore, Rs 4 crore, and Rs 5 crore with a monthly SIP of Rs 15,000. Based on these calculations, you can decide your goal and your monthly SIP investments. For the calculations, we are assuming an annual return rate of 12 per cent.

How much time it will take to build a retirement corpus of Rs 3 crore with 15,000 monthly SIP?

According to the calculation, one needs to invest for at least 27 years to build a retirement corpus of Rs 3 crore with 15,000 monthly SIP.

Rs 3 crore with 15,000 monthly SIP in 27 years: Calculations

Total Investment: Rs 48,60,000
Estimated Capital Gain: Rs 2,75,74,694
Total Corpus Received: Rs 3,24,34,694

How much time it will take to build a retirement corpus of Rs 4 crore with 15,000 monthly SIP?

According to the calculation, one needs to invest for at least 29 years to build a retirement corpus of Rs 4 crore with 15,000 monthly SIP.

Rs 4 crore with 15,000 monthly SIP in 29 years: Calculations

Total Investment: Rs 52,20,000
Estimated Capital Gain: Rs 3,58,72,054
Total Corpus Received: Rs 4,10,92,054

How much time it will take to build a retirement corpus of Rs 5 crore with 15,000 monthly SIP?

According to the calculation, one needs to invest for at least 31 years to build a retirement corpus of Rs 5 crore with 15,000 monthly SIP.

Rs 5 crore with 15,000 monthly SIP in 31 years: Calculations

Total Investment: Rs 55,80,000
Estimated Capital Gain: Rs 4,63,71,847
Total Corpus Received: Rs 5,19,51,847