Thank you for the appreciation @praveen_potnuru
The point about increasing SIP was previously raised by @parkhi_nazar and I repeated the math here - How much do you invest each month and how much does it matter? - #12 by ArunL
It does make a difference, but the difference is not as much as I thought it would be.
Eroding the starting corpus as you said is going to make a big dent. But this calculation only works for our long term wealth generation bucket, not the short term buckets.
To quote myself from my previous reply:
The point is not to invest less, not at all. The point is that the difference between 1L and 50K isn’t a whole lot. So investing less on a certain month because you want to splurge a little or take your family on an impulse vacation or treat yourself to a brand new coffee machine wouldn’t matter much in big picture.
As I said before, the “investing addiction” was making me live in a future at the cost of the present. This exercise helped me see the full story.
The peace of mind I have been enjoying ever since I did this calculation is truly priceless. I still invest just as much as I did before, but it’s 10x stress free now. I think I have found my balance.
Happy to know that someone read this thread after all this time. Happy new year!
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