Invest Rs 1 lakh yearly bonus/savings diligently for 3 years, add Rs 1,000 monthly SIP, sit tight! Starting at age 30, can these steps fund your retirement?
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…