Last updated:November 19, 2020, 09:36 IST

To secure the future financially, it is necessary that investment will be made with the onset of earnings. The more delay in savings, the more impact will be affected on the financial situation during retirement time.

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New Delhi. You can lose crores of rupees only due to a delay of just a few years in your first investment. Most of the financial experts say that with the commencement of the job, saving should also be started. You do not have to save any huge amount for this. Investment can be started with saving small amount. Every month a big fund can be prepared as savings for your future with this one small amount. Today we will tell you how beneficial it can prove to be for you in the long term. You will be surprised to know that only 5 years delay in saving can cause you a loss of one crore rupees.

For example, we take three investors. These three investors have started investing Rs 5,000 every month at different age. All these investors are investing for their retirement till the age of 58 years.

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, Investor ‘A’ has started investing at the age of 23. They are expected to return an average of 11 per cent on an investment of Rs 5,000 every month. By the age of 58, they will have Rs 2.64 crore as a retirement fund.

, Investor ‘B’ has started investing Rs 5,000 every month from the age of 28. They are also expected to return 11 percent. By the age of 58, they will have Rs 1.40 crore as a retirement fund.

, Investor ‘C’ starts investing at the age of 33 years. They are also expected to return 11 percent on investment of Rs 5,000 every month. According to this, at the age of 58, investor ‘C’ will be only Rs 79 lakh as a retirement fund.

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The above example clearly shows that an investment of Rs 5,000 can be generated up to Rs 1 crore in an investment of Rs 5,000 every month for 11 per cent annual return. If you look at the 10 -year interval, then this amount is getting bigger. After this example, it can be said that the sooner the investment will be started, the more financially strengthening your future.