Retirement Planning: Those who plan for their retirement and invest strategically in a good investment option enjoy a stress-free post-retirement life. This is because such planning helps to accumulate a substantial corpus, ensuring that you won’t have to borrow money from others for any important need in your life. If you also want to accumulate a substantial corpus and are looking for an investment idea, then SIP can be beneficial for you.

What is an SIP?

An SIP (Systematic Investment Plan) is a method of investing in mutual funds where an investor contributes a fixed amount regularly based on their financial capacity. The interval for investing money can be monthly, weekly, or annually.

In this write-up, we will calculate the time required to build a retirement corpus of Rs 5 crore, Rs 7 crore, and Rs 9 crore with a monthly SIP of Rs 12,000.

How many years will it take to build a retirement corpus of over Rs 5 crore with 12,000/month SIP?

To build a retirement corpus of Rs 5 crore with a 12,000 monthly SIP, you need to invest for at least 33 years, the calculation shows.

Rs 5 crore with 12,000 monthly SIP in 33 years: Calculations

• Total Investment: Rs 47,52,000
• Estimated Capital Gain: Rs 4,77,07,498
• Total Corpus Received: Rs 5,24,59,498

How many years will it take to build a retirement corpus of Rs 7 crore with 12,000/month SIP?

You need to invest for at least 36 years to build a retirement corpus of over Rs 7 crore with a 12,000 monthly SIP, the calculation shows.

Rs 7 crore with 12,000 monthly SIP in 36 years: Calculations

• Total Investment: Rs 51,84,000
• Estimated Capital Gain: Rs 6,90,34,768
• Total Corpus Received: Rs 7,42,18,768

How many years will it take to build a retirement corpus of Rs 9 crore with 12,000/month SIP?

To build a retirement corpus of over Rs 9 crore with a 12,000 monthly SIP, you need to invest for at least 38 years.

Rs 9 crore with 12,000 monthly SIP in 33 years: Calculations

• Total Investment: Rs 54,72,000
• Estimated Capital Gain: Rs 8,79,52,803
• Total Corpus Received: Rs 9,34,24,803

(Disclaimer: Our calculations are projections and not investment advice. Do your own due diligence or consult an expert for financial planning.)