A Rs 25 lakh corpus, achievable through modest monthly SIPs over a decade, can provide homemakers with an emergency fund and long-term financial security, experts say.
For many homemakers, financial independence is less about a big pay cheque and more about having a personal cushion that can absorb shocks and fund future needs. A corpus of Rs 25 lakh may not sound extravagant, but it can act as an emergency reserve, a source of long-term security or a buffer for planned expenses, according to Zee Business.
The key, financial planners say, is to start with an amount that fits the household budget rather than waiting for a windfall. The Zee Business calculation suggests that investing Rs 8,000 a month through a systematic investment plan, or SIP, for 12 years at an assumed annual return of 12 per cent could build a Rs 25 lakh corpus, though mutual fund returns are market-linked and never guaranteed.
Other online SIP calculators point in the same direction: a small monthly contribution can compound into a much larger sum over time, and step-up SIPs, where contributions rise each year, can accelerate progress without requiring a large initial outlay. Tools from Calcrux, PlanMyReturns, SIPCalculators.net, SIPLens, ToolBook and Paisabazaar all offer projections based on monthly investment, expected return and time horizon, with several also modelling annual increases and inflation-adjusted outcomes.
Zee Business also notes that goal-setting matters. It gives examples showing that a Rs 25 lakh target may require Rs 4,600 a month for 16 years, while a Rs 20 lakh corpus could be built with Rs 4,900 a month over 14 years, again assuming the same return profile. The longer the money stays invested, the greater the effect of compounding.
Before taking market risk, the article advises building an emergency fund and keeping at least six months of essential expenses in liquid or low-risk assets. It also recommends matching investments to risk tolerance, considering fixed deposits or recurring deposits for conservative savers and mutual funds for those comfortable with volatility. Financial confidence, it adds, is stronger when some assets are held in a homemaker’s own name, alongside adequate health insurance for the family.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
