Delaying retirement investing by 10 yrs could increase SIP amount by 253%

A 10-year delay in retirement investment could increase the SIP amount each month by nearly 253%, according to a report by Moneycontrol. To build a retirement corpus of ₹10 crore, assuming an annual return of 12%, starting an SIP at 30 would require a ₹28,329 monthly investment. While starting one at 40 would require a monthly SIP of ₹1 lakh.