My Age Is 35 With Income of Rs 4 Lakh/Month. How Much SIP Do I Need To Achieve Rs 5 Cr During Retirement?
The Rs 5 Crore Retirement Plan: SIP Strategy for High-Income Professionals by NeoNest Finserv
“For a 35-year-old individual earning Rs 4 lakh per month and aiming for a retirement corpus of Rs 5 crore by age 60, the most practical and effective strategy in the current market would be to invest through mutual funds via a disciplined monthly SIP (Systematic Investment Plan). Assuming a balanced portfolio targeting an average annual return of 10% – achievable through a combination of equity mutual funds (70-80% allocation across large-cap, flexi-cap, and mid-cap funds) and debt or hybrid funds (20-30% allocation) – the person would need to start a SIP of approximately Rs 43,500 per month,” said Navin Jain, Cofounder & CEO, NeoNest Finserve.
“This amounts to around 11% of monthly income, which is quite feasible. To further strengthen the plan, it is advisable to increase the SIP amount by 5-10% annually through a Step-Up SIP, which could help reach the target even earlier. The key is to start immediately, stay invested through market cycles, review the portfolio periodically, and avoid panic during short-term market volatility. With 25 years of disciplined investing and proper asset allocation, achieving a Rs 5 crore corpus is highly realistic,” Navin Jain further added.
