I’m feeling too lazy to do the math. But my gut says that the critical flaw in your calc is that your corpus is growing, but your SIP amount is not. And that is not a realistic scenario.
If one starts with a SIP of 50,000, do you really think this person will be SIPing 50,000 ten years down the line? Put a yearly growth of 10-12% in the SIP and see how the scene changes. After all, won’t salaries and savings grow at this rate?
The truth is if you are comparing 50k SIP versus 1 lac SIP…10 years down the line, the 50k guy would be SIPing maybe 1.5 lac and the 1 lac SIP girl may be SIPing 3 lac. So the gap between these SIPs which started out at 50k now is 1.5 lac.
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