https://scripbox.

com

How your Money grows

Your age
22
Your Salary
18,000
Age at retirement
40
<< Use 65, play around w
Monthly investment
5,400
30% of your Salary
Increase every year by
10%
Invest in (Select)Equity Funds (14-16% post tax)
Rate of Return
14%
Amount accumulated at retirement
10,366,311
Amount in today's value terms
2,801,692
Can generate a monthly income of
18,678
104% of your current salary
AWESOME!!
Age
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47

Amount
Amount at retirement
64,800
730,998
71,000
702,578
78,000
677,059
86,000
654,825
95,000
634,520
105,000
615,186
116,000
596,170
128,000
577,055
141,000
557,599
155,000
537,687
171,000
520,342
188,000
501,818
207,000
484,678
228,000
468,288
251,000
452,217
276,000
436,192
304,000
421,441
334,000
406,168
367,000
391,489
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48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67

Use 65, play around with earlier retirement options

our current salary

<< Notice how the first year's saving has the maximum Impact even though you are saving more

you are saving more in later years!!