Investment product for retirement corpus!

Any investment product that you choose for building a retirement corpus needs to be long-term. If you are 30 or 40 years old today and you are thinking about your life after you retire you will need to stay invested in that product for the next 20 – 30 years. Further, you would also benefit from the power of compounding. So, say if you save Rs.50,000 per year for a period of 25 years and assuming a rate of return of 8% p.a. you could create a corpus of around Rs.40 lakhs. But if you start the same activity from the age of 30, your corpus would be Rs.25 lakhs which is Rs.15 lakhs lesser. So, the sooner you start and the longer you stay invested, the better it is.