Building a Rs 1-crore retirement corpus can be a goal for you like many others in the country. However, not everyone starts investing at the same age. Some jump in early, while others wait and miss out on those valuable compounding years. No matter when you begin, you must know how much you need to invest to hit your target by a specific age. For example, if you are planning to build a Rs 1-crore corpus by the time you are 50, you’ll need to figure out the investment needed based on whether you start at 30, 35 or 40 years of age.
Building Rs 1 crore corpus through SIP investment