Everyone knows that Rs. 15,000 per month for 15 years at 15% XIRR will be 1 Cr.
But not many are aware of the potential growth beyond that.
Continuing the same investment for the next 30 years at 15% XIRR, the amount doesn't just double; it grows 10 times, reaching 10 Cr.
An even more impressive growth awaits with 45.1 years of consistent investment, resulting in 100 times the initial amount, equivalent to 100 Cr.
And astonishingly, over 60.5 years, the investment could reach a remarkable 1000 Cr at 15% XIRR.
1. Somebody will question Immediately you can't get 15% for the next 60 years!
2. Did you calculate the inflation!
3. If I ask solution for me, you are giving solution for my son's retirement.
4. I will not live till such time, so on and so forth.
5. We always underestimate the long term and overestimate the short term, but keep questioning everything and doing nothing.
I keep hearing these kinds of comments in the last 10 years and hopefully the same will continue forever!
One RISK taker in any family changes their status to multi-level. Are you going to be the one or keep questioning and commenting!
Despite the doubts and uncertainties, embracing risk can pave the way for multi-generational financial prosperity. Are you ready to take that leap and change your family's financial trajectory? Or will you choose to stay on the sidelines, questioning and commenting without action
Life is after all full of choices. Choices have consequences!
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