SIP Investment Plan: It does not matter whether the investment is small or big. Of course, you start investing with a small amount, but if you keep increasing the amount little by little over time, then in a few years you can add such an amount that you would not have even imagined. Know here the superhit formula to become a millionaire.
Everyone knows how important investment is in today’s times. This is the reason why people start planning for their retirement from a young age. In fact, it does not matter whether the investment is small or big. Of course, you start investing with a small amount, but if you keep increasing the amount little by little over time, then in a few years you can add such an amount that you would not have even imagined. Here we are telling you such an investment formula by adopting which you can accumulate a fund worth crores in your old age and live a peaceful life.
Formula of 25/2/5/35
This formula is 25/2/5/35. In this you will have to adopt long term investment strategy and invest in mutual funds through SIP. According to this formula, you will have to start investing from the age of 25 years. 2 means start investing with SIP of at least Rs 2000. 5 means increase the amount by 5 percent every year and 35 means continue this SIP continuously for 35 years.
Understand with example
You start SIP with Rs 2000 in 25 years. Now you have to increase the amount by 5 percent every year. After starting SIP, you invested Rs 2000 every month for one year. Next year you have to increase 5 percent of your Rs 2000 i.e. only Rs 100. In this way you have to run SIP of Rs 2100 for one year. Next year, increase the amount of Rs 2100 by 5% i.e. Rs 105 and run SIP of Rs 2205 for the whole year. Similarly, every year you have to increase 5 percent of the existing amount. This investment is to continue for 35 years. In 35 years you will turn 60 and will add a good retirement fund through this investment.
Now see how 2 crores will be added
According to the formula, if you continue investing for 35 years, then according to the SIP calculator you will invest a total of Rs 21,67,68. The average return on SIP is considered to be 12 percent. In such a situation, you will get only interest of Rs 1,77,71,532 on investment. In this way, when you get the money by combining the amount invested and the interest amount, it will be Rs 1,99,39,220 (about Rs 2 crore). In this way, at the age of 60 you will be the owner of Rs 2 crores.
