Retirement planning at the age of 40 with zero savings: Formula to create a fund of Rs 2.9 crore in 20 years; How to start with SIP of ₹15,000
If you are 40 years old and have not saved even a single rupee for retirement, then there is no need to panic. You have 20 years to prepare a retirement fund. However, due to late start, the investment amount will have to be kept slightly higher every month. How does the math work for…