How much should I invest per month?

Aug 8, 2019

I want to plan my finances, lets suppose i have a salary of 1L per month and i am 25 year old. Then how can i invest my money per month.

1 Answer
Aug 14, 2019

The process of figuring out how to regularly invest your earnings is called financial planning. We have created a case study which demonstrates the steps involved in financial planning. Have a look here: Financial Planning for a 30 year old salaried employee.

Roughly speaking you need to do this:

  1. Analyze your income and expenses and calculate the monthly investible surplus.
  2. Use a retirement calculator to calculate your retirement corpus. This Q&A will help How to calculate retirement corpus?
  3. Use the SIP calculator to calculate the monthly investment amount.

Choose funds to invest in. This one is tricky. If you are not sure how to do this then you should consult a good advisor in your network or locality. If you don't find one, you can contact advisors on DhanWise.

You will also have some other goals like saving for child's education, purchasing a house etc. The financial planning case study will guide you on planning your investments for such goals.

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Financial Planning for a 30 year old salaried employee

Sachin Shah is a 30 year old Senior Software Engineer, working at an IT services company in Bengaluru. He and his wife want to plan for their retirement and also want to save for their child's education, wedding and for buying a car.

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