ilmscore | Prediction Details
"so if I try to calculate that Rs. 1000 is large cap, Rs. 1000 is mid cap and Rs. 1000 is small cap and if we invest Rs. 2000 from January 2025 at the age of 37, then how much will it be in 10 years i.e. at the age of 47, how much will it be in 20 years i.e. at the age of 57 and how much will it be when you retire at the age of 60, if you keep investing it at this pace of Ajoom, after 10 years you will have a total of Rs. 77 lakh, after 20 years you will have Rs. 1 crore 4 lakh and after 23 years you will have Rs. 2 crore 27 lakh. Importance of this money If we assume inflation to be 6% at that time, after deducting the tax at that time, the tax that you will have to pay on long term capital which is currently around Rs. 10000 and adjusting for inflation, after 23 years you will have Rs. 2 crore 27 lakhs, its value as on today's date after deducting taxes and everything else will be Rs. 50 lakhs, meaning if you have Rs. 50 lakhs today, whatever you can do with it, you will have the same financial status and capability when you are 60 years old."
By warikoo | November 2, 2024 | Pending
From video
Getting OUT of the 0 SAVINGS Situation! | Money Matters Ep. 34 | Ankur Warikoo Hindi 00:26:02 - 00:27:40
Interpreted Prediction
Investing Rs. 3000 per month from January 2025 (at age 37) could result in Rs. 77 lakh in 10 years, Rs. 1.04 crore in 20 years, and Rs. 2.27 crore in 23 years (equivalent to Rs. 50 lakh in today's value after inflation and taxes).

Prediction Details

Topic
Investment Growth

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