Why Goal Planning
Where Every Angle Matters
• If your current monthly expenses are Rs 50,000/- per month, then after 20 years you will require Rs 1,93,484 /- a month to just maintain the current lifestyle!
• An education degree for your child which currently costs Rs 20 Lakh could cost over Rs 39 Lakh after 10 Years.
• A Marriage function for your child which currently costs Rs 50 Lakh could cost over Rs 1.68 Crore after 18 Years.
• It is Inflation which is eating out on the Value of Money every year and thus one needs to make a financial plan to beat the inflation and create wealth in long term.
For Example
• At Age 25, if you start investing Rs 5000 per month and your money grows at 12% P.A. you save Rs 2.87 Crore on Retirement at age 60. Just a year’s delay will mean savings of Rs 2.54 Crore, or Rs 32.94 lakh less.
• At Age 35, if you start investing Rs 10,000 per month and your money grows at 12% P.A. you save Rs 1.67 Crore on Retirement at age 60. Just a year’s delay will mean savings of Rs 1.47 Crore, or Rs 19.96 lakh less.
• At Age 45, if you start investing Rs 30,000 per month and your money grows at 12% P.A. you save Rs 1.30 Crore on Retirement at age 60. Just a year’s delay will mean savings of Rs 1..12 Crore, or Rs 18.14 lakh less.
Amnt P.M. % Growth Years Investment Value
₹ 10,000 5% 20 ₹ 2,400,000 ₹ 4,127,463
₹ 10,000 8% 20 ₹ 2,400,000 ₹ 5,929,472
₹ 10,000 10% 20 ₹ 2,400,000 ₹ 7,656,969
₹ 10,000 12% 20 ₹ 2,400,000 ₹ 9,991,479
₹ 10,000 15% 20 ₹ 2,400,000 ₹ 15,159,550
₹ 10,000 20% 20 ₹ 2,400,000 ₹ 31,614,794
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