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Start SIP Plan for early retirement and get rid of the burden of private job

Start SIP Plan for early retirement and get rid of the burden of private job

December 6, 2018

The pressure of the private sector job is increasing and we face regularly. It is generally seen that most people are not happy with their career and office environment. If your age is around 25 years old and you want to retire after 15 years i.e., at the age of 40, then it will have to make around Rs. 1 crore for this. After retiring, it will earn money for your money and you do not have to work to fulfill your monthly expenses. For this, you have to start investing 10,000 rupees in SIP every month. After this, you have to increase your investment in SIP by Rs 2,000 every year. If your investment is 12 per cent annually, then in 15 years your account will have a total of 95 lakh rupees. Certified financial planner, now you can put this money in a systematic withdrawal plan. In this scheme, you will get a fixed amount every month in your account according to the 9% return rate. For example, if you invest Rs 95 lakhs, you will get around Rs 80 to 85 thousand rupees every month according to the 9% annual return.

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