Use of various financial tools help you to start saving up for your own startup in the future by investing amount as low as 5000 per month. Given example shows how you can fund your own startup and be the next big entrepreneur.
# | Current Age | 20 Years |
---|---|---|
1 | Monthly SIP Amount | Rs 15,000 |
2 | SIP Period | 20 Years |
3 | SWP | 40 Years |
By investing ₹15,000 every month for 20 years at 25 years of age, one can retire at an early age of 45 and earn a stable monthly income by investing in right tools.
# | Scenario 1 @ 10 % | Rs. 1,62,321 |
---|---|---|
1 | Scenario 2 @ 8.00 % | Rs. 93,059 |