Srart Early-

THE DIFFERENCE TIME CAN MAKE-

If you started investing Rs 5,000 a month on your 40th birthday, in 20 years’ time you would have invested
Rs 12 lakhs. Growing at an average of 7% a year, it would be worth Rs 25,52,994 when you reach 60.
If you started investing ten years earlier, your Rs 5,000 each month would add up to Rs 18 lakhs over 30 years.
Assuming the same average annual growth of 7%, you would have Rs 58,82,545 on your 60th birthday – more
than double the amount you would have received if you’d started ten years later! The bottom line - your
investments gain most from compounded interest when you have time on your side.
1. Start early
– the sooner you invest, the more time your money will have to grow. If you delay,
you will almost certainly have to invest much more to achieve a similar result.