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Gourav Kumar - Financial Planning - Quora
Gourav Kumar - Financial Planning - Quora
Gourav Kumar - Financial Planning - Quora
Finances
AND WHY IT IS IMPORTANT TO START EARLY
Monthly Expense and Inflation
110,000
20,000
Today At retirement
Monthly Investment for Retirement
25,300
20,000
5,200
s es is ts 25 30
en p o m m
Ex
p de fro fro
nk l io l io
a o o
B
o rt o rt
F p F p
M M
Value of Rs 5 lakh invested 5 years ago
1,128,000
760,500
515,000
25,300
20,000
9,300
5,200
s es is ts 25 30
en p o m m
Ex
p de fro fro
nk l io l io
a o o
B
o rt o rt
F p F p
M M
Does 1% difference matter?
16,000,000
14,857,522
14,000,000
12,000,000 12,234,587
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
- 9 0 -9 1 -9 2 -9 3 - 9 4 -9 5 -9 6 - 9 7 -9 8 -9 9 - 0 0 -0 1 -0 2 -0 3 -0 4 -0 5 -0 6 -0 7 -0 8 -0 9 -1 0 -1 1 -1 2 -1 3 -1 4 -1 5 -1 6 -1 7 -1 8 -1 9 -2 0
n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n n
Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja Ja
8% 9%
Difference in realistic terms
30,000,000
25,000,000 24,529,811
20,000,000
15,000,000
11,215,436
10,000,000
5,000,000
7.5% 11.5%
7-year Return from Sensex
50
40
30
20
10
-10
-18 r-17 -16 -14 t-13 -12 l-11 -10 r-09 -08 -06 t-05 -04 -03 r-02 r-01 -99 t-98 -97 -96 r-95 r-94 -92 t-91 -90 -89 r-88 -87
ay Ap Feb Dec Oc ug Ju ay a Jan Nov Oc ug Jun Ap a Dec Oc ug Jun Ap a Dec Oc ug Jun Ap Feb
M A M M A M A M A
Invest in an asset allocated portfolio