Guaranteed to become a millionaire: This formula of 10:12:30 will make money rain..

In today's time, whether the salary is less or more, everyone dreams of becoming a millionaire. Becoming a millionaire becomes difficult when we do not do the right planning. Yes, if you follow the perfect formula with the right planning, you can definitely become a millionaire. 10:12:30 is a special formula with the help of which you can accumulate a fund of more than Rs 3 crore till retirement. By the way, let us tell you that this formula is based on SIP i.e., Systematic Investment Plan.

What is this 10:12:30 formula?

Let us tell you that this formula is divided into three easy parts, which show you the way to become a millionaire:

1. 10 (Monthly Investment)

10 means that the investor has to invest ₹ 10,000 every month. This amount can be a small part of your income, which you can invest by saving.

2. 12 (Estimated Return)

In this amazing formula, 12% means the estimated return on the investor's investment annually. It is considered possible to get an average return of 12% to 15% in long term SIP investment in mutual funds.

3. 30 (Investment period)
Let us tell you that this means that you will have to continue this investment continuously for 30 years. This long investment made by you with discipline shows the real magic of compounding (compound interest).

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