Receiving your first salary?
Rs 18,000 per month?
Wish to become a rupee millionaire by 31?
Care to invest 20% of it?
Rs 3,600 per month through SIPs
According to the calculator you would make 10.03 lakhs!
Taking inflation into account (around 7.2%), it would be worth 5 lakhs as on today.
Now if you don’t touch this corpus and let it continue, you would have ….
..a mind boggling Rs 11.3 crores by the time you are 61.
(However taking inflation into account (around 7.2%) , it would be worth Rs 1.5 crore as on today)