How to Achieve Retirement Corpus of ₹100 Crores
Word of the day: Awkward
Pronounced as: /ˈɔːkwəd/
Type: Adjective
Meaning: (of a situation) causing uneasy embarrassment, hard to do or deal with.
The word awkward represents your first meeting with a typical financial advisor. Ideally, we shouldn’t be using the word, ‘meeting’ here since the majority of the time it is a one-way interview taken by the advisor, bombarding the no-nothing investor with a long list of questions, all at a difficulty level of 3 to 5. Post this question and no definite answer round, a wealth accumulation calculator is used, and round two of the meeting is conducted. It is a tedious and exhausting process.
We, the research team at Sukhanidhi, have poured in a little effort and brought you some easy to understand calculations of what should you invest when in order to reach your financial goal.
We have simplified the goal amount to Rs. 100 crore. Have a look at the calculations below. It will be surprising for you to see that a little lump sum investment today, can go a long way.
Note: Our elite equity portfolio has generated a 30.26% CAGR (excluding dividend and bonus) in the last decade (10 years) as on 2nd September 2022. However, to be conservative, we are expecting around 15% CAGR(excluding dividend and bonus). There is no guarantee of returns and it is subject to prevailing market conditions.
Happy investing!
About Author
Vinayak Savanur
Founder & CIO at Sukhanidhi Investment Advisors, a SEBI registered equity investment advisory firm. He has nearly a decade of experience in the stock markets and has been a holistic financial planner.
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