We have also provided a retirement timeline
17-Sep-2024•Ameya Satyawadi Mutual Fund Insight - Oct 2024
The good news is that this headline is not misleading. The bad news? It's not easy to achieve. (But let's be honest: when is anything worthwhile ever easy?) So, without further ado, let's dive into the numbers. You can retire in 15 years and comfortably live off your wealth if you can: a) Invest exactly half your salary in equity mutual funds starting today. b) Increase your investment by 5 per cent annually. c) Reduce your monthly expenses by 10 per cent
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