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Himesh Jain

Stealth • 7m

Hi what are your thoughts on Compound interest Let's say if I invest 10000 Rs every month for 40 years at an annual interest of 8% then after 40 years My invested amount = 48 lacs Money I will get = 3.51 cr But will it really be worthy with an a

Anonymous 1

Stealth • 7m

Yes yes. It’ll Matter, I’ll tell you how it’s not accurate, as your income is also expected to grow in those 40 years, you’ll not keep getting the same lpa, so an avg growth in salary of 5-10% is decent.

1 replies

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Himesh Jain

Stealth • 7m

So what I need to do with that increasing the investment amount ??

1 replies

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