18X15X10 Formula: How to build more than Rs 1 crore retirement corpus every after 40; look at the statistics
18X15X10 SIP Planting Formula: There are many options in the market to build a strong retirement corpus. One effective strategy is to invest in mutual fund SIPs. If you are above 40 years of age and still intend to accumulate more than Rs 1 crore for retirement, you can consider the 10X20X15 formula for your SIP investments. This method can help you increase your wealth accumulation effectively.
What is the 18X15X10 investment strategy?
In the 18X15X10 strategy, ’18’ represents the number of years, ’15’ represents the expected annual return, and ’10’ represents the monthly investment amount.
How does the 18X15X10 strategy work?
With the 18X15X10 strategy, a monthly SIP of Rs 10,000 for 18 years with an annual return of 15 percent can yield a corpus of over Rs 1 crore.
18X15X10 Strategy: What will be the investment, the long-run average profit, and the average net worth in 18 years?
At Rs 10,000 per month, the investment value in 18 years will be Rs 21,60,000. At 15 percent annual returns, the expected long-term returns on an investment of Rs 21,60,000 would be Rs 88,82,553. Expected amount after 18 years will be Rs 1,10,42,553.
18X15X10 SIP Formula: You become a crorepati in 18 years
By following the 18X15X10 formula, you can accumulate Rs 1.10 crore and become a crorepati in 18 years.
Benefits of SIP
SIP offers significant advantages, primarily due to the power of integration. The longer the length of the SIP, the greater the benefits of integration. With an average annual return of 15 percent, SIPs offer huge growth, outperforming many other investment schemes. Additionally, the rupee cost balancing feature ensures that costs remain stable, even during market fluctuations.
It offers flexibility
SIPs offer flexible investment options, allowing you to choose the investment amount and timing that suits your needs, be it monthly, quarterly, or half-yearly.
Freedom to pause, withdraw, or increase investment
As per your financial needs, you have the freedom to pause, withdraw, or increase the SIP investment.
Disclaimer: The article is intended for educational purposes only. This is not investment advice. Do your own due diligence or consult with an advisor before investing
