SIP Calculator: Invest This Amount Per Month To Retire Comfortably | Business News
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By investing a fixed amount monthly, SIPs harness compounding, making them a preferred strategy for retirement planning and long-term wealth growth
The SIP approach to building a retirement fund allows for manageable monthly investments that do not strain finances. (Representative/Shutterstock)
A Systematic Investment Plan (SIP) in mutual funds is emerging as a simple yet effective way to build long-term wealth. Starting as early as age 30, investors can potentially accumulate substantial savings over three decades, paving the way for a financially secure retirement.
By investing a fixed amount every month, SIPs leverage the power of compounding, making them a preferred strategy for retirement…
