Delaying Investments Can be Costly
11 Aug 2023
Delaying investments can be costly
Power of Compounding is the ability of your money to grow exponentially over time. The early you start, more secure is your financial future. DELAYING INVESTMENT can be a costly affair.
Cost of delay
Amar,Akbar & Anthony invest in a mutual fund SIP to generate long-term wealth.Their journey ends very differently from each other due to a delay in investing.
Amar | Akbar | Anthony | |
---|---|---|---|
AMOUNT INVESTED | 15,000 PER MONTH | 15,000 PER MONTH | 15,000 PER MONTH |
STARTING AGE | 25 YEAR OLD | 35 YEAR OLD | 45 YEAR OLD |
ASSUMED RETURN PER ANNUM | 12% | 12% | 12% |
PER ANNUM RETIREMENT AGE | 65 | 65 | 65 |
EXPECTED AMOUNT | 17.82 CRORE | 5.29 CRORE | 1.49 CRORE |
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. The information provided is generic in nature and is for informational purpose only. Please consult your financial advisor before taking any decision.
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