Substantial corpus!
Assuming at age of 30 years, you have a steady job or income, and you are a conservative investor. Then too you can reach a retirement corpus of Rs.10 crore in next 30 years. You can achieve this by primarily investing in debt at 8 percent annum for next 30 years with a monthly investment of Rs.68,000-Rs.69,000/-. Yes, the monthly outflow is high but even if you consider putting half of it then too you will attain substantial corpus.
#PersonalFinance#PsychologyofMoney#Miscellaneous
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