Do you want to invest Rs 50,000 per month ?
Over the next few years and decades you can create significant wealth if keep investing regularly every month in a balanced mix of assets.
First, lets see how much your money can grow at the rate of ~12% per annum if you save and invest Rs 50,000 per month.
- After year 5, you can have: Rs 42 lakhs
- After year 8. you can have: Rs 84 lakhs
If you continue doing this, you can have the following amounts in:
- Year 10: Rs 1.2 CRORES
- Year 15: Rs 2.5 CRORES
- Year 20: Rs 4.8 CRORES
- Year 25: Rs 8.9 CRORES
- Year 30: Rs 16 CRORES
- Year 35: Rs 29 CRORES
Imagine if you are a 25 year old who starts investing Rs 50,000 and continues to do it till you retire at the age of 60 – Your savings per month can grow from Rs 210 lakhs (50000 x 12 months x 35 years = Rs 210 lakhs) to Rs 29 crores over 35 years
That’s the magic of compounding and investing in the Equity asset class on a regular basis over a long term period.
However, most people will not create such kind of wealth. That’s because they will either leave their money in a bank account, or PPF or buy some insurance product – They all give returns ranging from 4 to 7% per annum, which will result in a way lower corpus than above.
Even if people invest in Equity ( where you can get much higher tax free returns ) the amount invested will be very small to get meaningful returns.
Talk to us so that we can create a balanced portfolio for your savings so that they not only grow better but safer.