You may have already read about the annualised returns that many investors expect from their mutual fund investments. But have you tried to quantify the overall outcome of such returns by assigning actual numbers to your situation? In this article, let’s study a situation where, let’s say, you make it a point not to spend…
SIP at 35 for Rs 7 Cr Corpus: Salaried-class individuals should start retirement planning from the first salary they get. But most delay it for a number of reasons. It may be because they have a responsibility, a financial commitment, or a financial goal that made them a delayed starter. But even if one has…
Retirement Corpus Planning:Â Power of compounding provides great reward to an investor who believes in the importance of long-term investment. Investors who enter with a large amount but lack patience and quit the investment race early get little benefit of compounding, but those who make investments for a long time often gather a large corpus with…