Retirement Planning
You have 31 years to achieve this goal. You need to be consistent in investing amount per month till you reach 55.
This is how the calculations work,
If you invest Rs 62,119 per month for next 372 months (31 years) and earn interest at the rate of 15% per year you can accumulate 50 Cr.
Alternatively, if you invest Rs 29,608 per month for next 372 months (31 years) and earn interest at the rate of 18% per year you can accumulate 50 Cr.
Read: Simple Financial Plan could change Portfolio from 4.44 L to 82 L in 3 years