Mr. A started investing ₹10,000 every month at the age of 25;
while Mr. B started investing ₹15,000 every month at the age of 35.
Both invested ₹36 lakhs till the age of 55.
At the end of the investment period. Mr. As investments grew to ₹7.01 Cr; while that of Mr. B grew to ₹2.27 Cr – a difference of almost ₹5 Cr.
If Mr.B wants to accumulate similar wealth as Mr. A, he will have to invest ₹46,240 every month, i.e. more than 4 times the monthly installment amount of Mr. A.
So, start early and avoid the cost of delay.
