Published by: Vivek Dubey
To achieve a retirement corpus of Rs 10 crore, one should target approximately two to two-and-a-half decades.
Achieving this financial milestone not only ensures a comfortable retirement but also allows for an annual withdrawal equivalent to Rs 75,000 in today’s terms.
Here's a break down of the strategy for individuals in their early 30s who have approximately 25 to 30 years left until retirement.
Start an SIP with a monthly contribution of Rs 25,000.
Under the assumption of a 12% annual return, maintaining this disciplined SIP for 32 years will lead to a corpus of Rs 10 crore.