LIC Wealth Calculator
Map out long-term corpus goals by incremental step-up additions to monthly savings portfolios.
₹86,83,849
Purchasing Power adjusted: ₹36,23,467 (at 6% inflation).
• Step-up SIP helps combat lifestyle inflation by increasing savings as income grows.
• The inflation adjustment reveals the net purchasing power of your future corpus in today's rupees.
Power of Step-Up Savings
A Step-Up SIP is a strategy where you increase your monthly saving amount by a fixed percentage annually (usually 5% to 10%) as your income grows.
- Compounding Effect: Significantly boosts the final maturity value compared to a standard static saving model.
- Inflation Shield: Keeps your savings rates aligned with salary increments and lifestyle inflation.
Target Wealth Milestones
By compounding over 15 to 25 years, step-up models help investors comfortably reach major milestones like home acquisition, child education, or retirement security.
Frequently Asked Questions (FAQ)
What is the recommended annual step-up rate?
A standard annual step-up rate of 10% is recommended, matching average salary increments and effectively doubling your saving size every seven years.
Does the wealth calculator support lumpsum deposits alongside monthly contributions?
This specific calculator focuses on step-up monthly allocations. For combined lumpsum and SIP tracking, see the LIC Mutual Fund Calculator.
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