MF Query: 50 years & planning retirement? 1.1 lakh monthly SIP can grow to Rs 3 cr in 11 years

MF Query: 50 years & planning retirement? 1.1 lakh monthly SIP can grow to Rs 3 cr in 11 years

In the realm of investment planning, longevity is a virtue. The journey to financial security once you are near retirement often requires a careful balance of strategy, foresight, and adaptability. In a quest for clarity amidst the retirement planning maze, Gururaj, a 50-year-old investor brimming with aspirations, seeks to grow the portfolio so that he … Read more

To build a corpus of Rs 5.3 crores in 30 years, one needs to invest Rs 17,000 per month

To build a corpus of Rs 5.3 crores in 30 years, one needs to invest Rs 17,000 per month

Retirement is that golden phase of a person’s life where he or she doesn’t have to work for money. They have lesser responsibilities, more time and freedom. This phase of a person’s life can be a beautiful new adventure provided they are financially secured and ready for this transition. Let’s look at our preparedness for … Read more