Where should I invest how much money?
Where should I invest how much money?Every person dreams of saving so much money by his old age that he can live a comfortable life after retirement. Given the uncertainties and inflation of today, it has become very important to plan to create a big fund. In such a situation, when you plan for retirement, the biggest question that comes to your mind is how much you should save.However, to decide how much percentage of his current salary a person should save for his retirement, he needs to pay attention to many things, such as your current income, risk tolerance, and most importantly - time. How much time you have till retirement,this greatly affects your investment strategy.Suppose you are in the early stages of your career andyouhave started saving at the age of 20. In such a situation, you have the opportunity to benefit from long-term investment. At this time, you can make more risky investments, such as stocks and mutual funds, which usually give better returns over time. But when you start building retirement savings in your 40s, you need to be more cautious. At this time, you need to focus on safe and stable investments to protect your capital and generate steady returns, so that you can survive the market volatility as you approach retirement.How much should I invest to save Rs 1 crore in 30 years?When your goal is to build a corpus of Rs 1 crore for retirement, it is important to have the right investment options based on their past returns. In this article, we will discuss three popular investment options - mutual funds, National Pension System (NPS), and small savings schemes. We will also know how much you should invest every month to achieve your retirement goal. Each investment option has its own benefits and returns, so it is important to understand how these will affect your savings plan.