Retirement planning for 2045: Do you also think that the amount of ₹ 1 crore will be enough for retirement? So stay a little, staying in this confusion can be overwhelming in the future. Chennai’s audit expert B. Govind Raju has recently given a warning, which is an alarm for all those who are still taking retirement planning lightly.
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Retirement planning for 2045
Will there be nothing in 2045 ₹ 1 crore?
Govind Raju says, “People are still relying on old calculations, but the truth is that by 2045 ₹ 1 crore will not only be insufficient, but can also become the reason for stress.”
And the biggest reason for this is – inflation.
The expenditure that is incurred today for ₹ 50,000 can be ₹ 2 lakh or more after 20 years. Healthcare, real estate and lifestyle expenses are constantly increasing.
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How to make a retirement fund of ₹ 3 crore by 2045?
If you want to retire after 20 years and prepare a fund of ₹ 3 crore, then from today itself Smart investment It is necessary to start.
Suppose you get an annual return of 12% (eg in SIP), then this mathematics of investment can be:
| Monthly investment | Total investment in 20 years | Estimated return | Final value |
|---|---|---|---|
| ₹ 30,000 | ₹ 72,00,000 | ~ ₹ 2.48 Cr | ₹ 3.2 CR+ |
| ₹ 35,000 | ₹ 84,00,000 | ~ ₹ 2.65 Cr | ₹ 3.49 CR+ |
| ₹ 40,000 | ₹ 96,00,000 | ~ ₹ 3.03 Cr | ₹ 3.99 CR+ |
| ₹ 50,000 | ₹ 1,20,00,000 | ~ ₹ 3.8 Cr | ₹ 4.99 CR+ |
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If not started now, then the loss is fixed
If you do not have a large amount today, do not panic. You can start with ₹ 10,000 – ₹ 15,000 and increase SIP every year. This is step-up sip.
Advantage of step-up sip: Increasing 10% SIP every year, your fund in 20 years 25–30% Can be made more.
Follow these 3 important steps for retirement planning:
- Take care of inflation: Not expenses today, Price of 2045 Think
- Keep health insurance separate: So that medical expenses do not eat the retirement fund.
- Maintain continuity in SIP: Whether the market collapses or increased, continue SIP.
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