Advisorkhoj Become a Crorepati Calculator

download Advisorkhoj Become a Crorepati Calculator

of 2

Transcript of Advisorkhoj Become a Crorepati Calculator

  • 7/26/2019 Advisorkhoj Become a Crorepati Calculator

    1/2

    https://www.advisorkhoj.com/tools-and-calculators/become-a-crorepati

    Become A Crorepati

    Your Input Values

    Result

    Name Value

    How many Crores (at current value) you would

    need to consider yourself wealthy (Rs)Rs. 1,00,00,000

    Your current age (in years) 37 Years

    The age when you want to become a Crorepati

    (in years)50 Years

    The expected rate of inflation over the years (%

    per annum)7.5%

    What rate of return would you expect your SIP

    investment to generate (% per annum)

    17%

    How much savings you have now (Rs) Rs. 10,00,000

    Name Value

    Your targeted Wealth Amount (Inflation

    adjusted) Rs. 2,56,04,131

    Growth of your Savings Amount (17% per

    annum)Rs. 76,98,679

    Final Targeted Amount (Minus growth of your

    saving amount)Rs. 1,79,05,452

    Number of Years 13 Years

    Monthly SIP investment required to become

    Crorepati Rs. 32,365

    Total Amount Invested through SIP in 13 years Rs. 50,48,940

    https://www.advisorkhoj.com/tools-and-calculators/become-a-crorepatihttps://www.advisorkhoj.com/tools-and-calculators/become-a-crorepatihttps://www.advisorkhoj.com/
  • 7/26/2019 Advisorkhoj Become a Crorepati Calculator

    2/2

    Total Growth Amount Rs. 1,28,56,512