Plan early don't delay!

You may not want to sacrifice a goal simply because you didn’t plan it early. The cost of delay is the additional amount of money you need to pay when you delay or postpone your investments. Suppose you want to accumulate ₹1 crore as your retirement corpus. You are 25 now and wish to hang up your boots by the time you turn 60. To accomplish this corpus, you plan to invest via mutual fund SIPs. If you plan early and start investment at 25, a modest monthly SIP amount of a little over ₹2,600 in a fund offering a return of 10% p.a. for 35 years can help you accumulate the corpus. If you delay your investments by 5 years, the monthly SIP amount jumps to over ₹4,400.