A Rs 10,000 Monthly SIP Can Save You Rs 3.5 Crore In 30 Years: Financial Experts Share Savings Mantra For Youth
If you begin saving from 25 years of age and save up to the age of 55, you can create about Rs 3.5 crore in these 30 years with Rs 10,000 monthly SIP. If you do a 10% step-up every year, you can create Rs 8.7 crore, says Prableen Bajpai, founder of FinFix Research & Analytics.
