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Q.

Hi,
i im 43 years old and i want to plan my retired life after 15 years. can you tell me how much i should invest per month and where,to get 1 cr rupees in 15 yrs. thanks. ss

Tags: years, thanks, month
Asked by sanjay sinha, 09 Apr '07 08:43 am
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Answers (6)

1.

Jitina hai ushi main hai khus roho
Answered by ranjita sahu, 09 Apr '07 08:45 am

 
  
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2.

Hi Sanjay,

Here is a handy calculator for a million. Hope this helps: http://buyigain.com/igain/igain/make_a_million.jsp
Answered by swati dwivedi, 09 May '10 10:28 pm

 
  
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3.

Hope u are fine.

You should take ICICI Prudential Life Insurance Company's ULIP Plan (Mutual Fund based). There you will get better returns alongwith Tax benefit and Insurance. Here you can pay only for three years and can take plan for 20-30 years according to your age or as u wish. If you want to pay for long, you can pay and if not then pay only for three years.

After three years you can withdraw, partly withdraw and can run the plan for a long way.

ICICI is the AAA rating company and have given returns 68% in the last year for your deposits and average 38% for the last six years since inception. ICICI is the number one private Insurance Company.

If you will compare this with others like LIC there you will find lot of expenses and investment is very low in comparison to ICICI.
...more
Answered by Satyavir, 09 Apr '07 04:19 pm

 
  
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4.

If u invest Rs.15K monthly for the next 15 yrs and if this money grows at 15% annualised then you would end up with a Crore in 15 yrs. There is a good probability that this can work out if informed decisions r made.

This is V Sridhar here a Specialist in Financail Planning. You can mail me at vetapalems@rediffmail.com if u have any other queries.
Answered by sridhar veta, 09 Apr '07 11:08 am

 
  
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5.

Please invest in Insurence LIC, and Real estate and shares, the planning of retirement offor few lacs to a corore will not work out as the asking rate is going up, be content and do meditation, you will arrive your decision, visit www.pss.org
Answered by sai technologies, 09 Apr '07 08:59 am

 
  
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6.

Save a part of savings in a useful manner so that its growing everyday, which comes to ur help at the time of retirement , so that u dont have to rely on any body at ur old age, dont trust any body at cent percent , so as to be at the safer side
Answered by vasanthkumar kempanna, 09 Apr '07 08:48 am

 
  
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