Do you want to be comfortable without any problems when you retire ..? Do you want to save money for this ..? However there is a super option available for you. This will give you amazing benefits. Going into the full details for this .. Mutual Fund (Mutual Fund) is very useful. Good profits will also come over. You should sip MF every month. If you start sipping on mutual funds at the age of 25 .. you can put off more than double for a 60 year old retirement.
Investment experts say that investing money in mutual funds in the long run will not yield good returns. However, it should be noted that mutual funds also carry risk.
Thus money has to be invested for 35 years. Apart from that the amount of sip can also be increased every year. If you keep raising it then you can have high returns.
If you are 25 years old and sip Rs 15,000 per month .. If you think that you have opted for the 10 per cent step up option every year, they will get Rs 20 crore by retirement. The annual return here is 11 percent.
If you do not take the step up option, it means you are earning Rs 15,000 per month. The annual return is 11 percent. If you invest for 35 years, you will get over Rs 7 crore. See how much difference there is.
