• Ayesha Rana posted an update in the group Retail Investor Forum

    4 months, 2 weeks ago

    How To Build A Rs 50 Lakh Equity Portfolio By Age 50 If You Start At 35 — Even With A Modest Salary

    “Begin by investing just Rs 10,000 per month in equity mutual funds or index funds. With a disciplined annual step-up of 5-7%-aligned with your salary growth-and assuming long-term equity returns of 11-12%, you’re on track to reach Rs 50 lakhs in 15 years. Factor in occasional bonuses or windfalls directed toward your portfolio, and you might even touch Rs 70-75 lakhs. At Tailwind, we believe that real financial freedom begins with clarity and commitment-not a crore-plus salary. The earlier you start, the better-but it’s never too late to begin,” commented Mr. Vivek Goel, Joint Managing Director, Tailwind Financial Services.

    Read more at: https://www.goodreturns.in/personal-finance/investment/how-to-build-a-rs-50-lakh-equity-portfolio-by-age-50-if-you-start-at-35-even-with-a-modest-salary-1437349.html

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