Iam 45 years of age i have sip of 22000 and total corpus is 49 lac till date my Target is 3 Crore by 2036 how much more should I invest to achieve my Target

Ans: With Rs. 22500 SIP a corpus of Rs. 3 cr can be created in 22 years.

Additionally, with 18K NPS / VPF / RD Rs. 1 crs corpus will get created

Hence nearly Rs. 4 crs corpus will get created with current investment

Ans: Hi Mahesh. It would be a wise idea to reconsider your investment in Parag Parikh AMC. You can start a monthly investment of 1.07 Lakh to create wealth of 5 crores within 12 years with expected return 14% CAGR. In your current vision, you intend to start with a sip of 11k. Hence, I suggest investing in mid, small, large& midcap categories. You may also refer to the following funds for your portfolio creation-

• Quant Flexi cap Fund
• Canara Robeco Emerging Equities Fund
• Nippon India Growth Fund
• SBI Small Cap Fund

Ans: To estimate the corpus you need to target for your future financial goals, such as retirement, it's essential to consider various factors like inflation, lifestyle expectations, and investment returns. Here's a general approach:

Determine Retirement Expenses: Estimate your future expenses considering inflation, healthcare costs, and lifestyle preferences. Since you currently spend 50,000 per month, adjust this amount for inflation over the next 30 years to determine your future monthly expenses.
Calculate Retirement Corpus: Multiply your estimated future monthly expenses by 12 to get your annual expenses. Then, use a retirement calculator to determine the corpus required to sustain these expenses annually for your expected retirement duration, considering inflation and investment returns.
Investment Strategy: Once you have your target corpus, you can plan to achieve it through systematic investment strategies like SIP (Systematic Investment Plan) in Mutual Funds. Invest in a mix of equity and debt funds based on your risk tolerance and investment horizon. Equity funds offer higher growth potential but come with higher volatility, while debt funds provide stability and capital preservation.
Regular Review: Periodically review your investment portfolio to ensure it remains aligned with your financial goals, risk tolerance, and market conditions. Adjust your investment strategy if necessary to optimize returns and manage risk effectively.
To get a more accurate estimate of your retirement corpus and investment strategy, consider consulting with a Certified Financial Planner. They can provide personalized advice tailored to your financial situation and help you create a comprehensive retirement plan that accounts for inflation and other variables.

Ans: Hello Mr. Sanjay Gupta, it's commendable that you're diligently investing towards your retirement. Let's strategize to ensure a comfortable lifestyle post-retirement.

Assessing Your Current Investments:

With monthly SIPs of 50k, NPS contributions of 10k, EPF contributions of 10k, and yearly PPF investments of 1.50 lakh, you're already on the right track towards building your retirement corpus.

Setting Retirement Income Target:

To achieve a monthly income of 3 lakh during retirement and a corpus of 3 crore before retirement, we need to evaluate your current investment trajectory and adjust it accordingly.

Calculating Required Investments:

Considering your current investments and retirement goals, we'll calculate the additional investment required to bridge the gap.

Strategic Allocation of Funds:

We'll optimize your investment portfolio by balancing allocations across different asset classes to maximize returns and manage risk effectively.

Benefits of SIPs:

SIPs offer a disciplined approach to investing in mutual funds, harnessing the power of compounding to build wealth over time.

Benefits of NPS and EPF:

NPS and EPF provide tax benefits and stable returns, contributing to your retirement corpus while ensuring financial security.

Importance of PPF:

PPF offers attractive interest rates and tax benefits, serving as a reliable long-term savings instrument to supplement your retirement income.

Analyzing Retirement Income Needs:

To generate a monthly income of 3 lakh during retirement, we'll assess the required corpus and strategize investments accordingly.

Calculating Corpus Required:

Based on your desired monthly income and life expectancy, we'll calculate the corpus needed to sustain your lifestyle post-retirement.

Consultation with a Certified Financial Planner:

Seeking advice from a Certified Financial Planner (CFP) ensures personalized guidance tailored to your financial goals and risk tolerance.

Conclusion:

In conclusion, achieving your retirement goals necessitates a comprehensive approach, balancing investments across various avenues. By optimizing your current investments and strategizing additional contributions, we can work towards securing your financial future and ensuring a comfortable retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: It's commendable that you and your wife have taken proactive steps towards securing your financial future through systematic investment plans (SIPs) and fixed investments in mutual funds. Let's formulate a strategic plan to achieve your desired corpus of 1.2 to 1.5 crores within the next 5 years.

Assessing Current Investments
Evaluation of SIPs:

Analyze the performance of your current SIPs in small-cap, mid-cap, and large-cap funds to ensure they align with your risk appetite and return expectations.
Review the consistency of fund performance, expense ratios, and fund manager expertise to gauge the suitability of these investments for achieving your financial goals.
Fixed Investments in Mutual Funds:

Assess the performance of your fixed investments in flexi-cap and large-cap funds over the past 6 years and 3 months.
Consider the fund's track record, investment style, and portfolio composition to determine their potential to contribute towards your desired corpus.
Review of Wife's SIPs:

Evaluate the suitability of your wife's SIPs in mid-cap, small-cap, large & mid-cap, and multi-cap funds based on their risk-return profile and investment objectives.
Ensure that the chosen funds complement your overall investment strategy and align with your joint financial goals.
Calculating Required Investment
Goal-Based Investment Calculation:

Calculate the required monthly investment amount based on the targeted corpus of 1.2 to 1.5 crores and the remaining investment horizon of 5 years.
Consider factors such as expected rate of return, inflation, and risk tolerance to arrive at a realistic investment target.
Systematic Increase in Investment:

Determine the incremental increase in SIP amounts and fixed investments required to bridge the gap between your current portfolio value and the desired corpus within the specified timeframe.
Ensure that the revised investment plan is feasible and sustainable within your financial capacity.
Adjusting Investment Strategy
Portfolio Rebalancing:

Consider reallocating your existing investments or introducing new funds to diversify your portfolio and optimize returns.
Monitor the performance of your investments regularly and make necessary adjustments to maintain alignment with your financial goals.
Risk Management:

Mitigate risk by diversifying across different asset classes, market capitalizations, and investment styles.
Review your asset allocation periodically to ensure that it reflects changes in market conditions and your evolving risk tolerance.
Conclusion
By conducting a thorough assessment of your current investments and recalibrating your investment strategy to align with your financial goals, you can work towards achieving your target corpus of 1.2 to 1.5 crores within the next 5 years.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in