If you are in your 30s, these 5 milestones should be your priority.
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1. Emergency Fund — 6 months expenses in liquid savings.
2. Term Insurance — ₹1 crore+ if you have dependents.
3. Health Insurance — ₹10L+ personal policy (not just employer).
4. Retirement SIP — ₹15,000/month at 30 = ₹2.8 crore by 55 at 12%.
5. Zero Bad Debt — Clear credit cards and personal loans first.
General concepts. Individual situations vary.
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All calculations use standard financial formulas. SIP returns use compound interest formula: FV = PMT × [((1+r)^n - 1) / r]. EMI uses: EMI = P × r × (1+r)^n / [(1+r)^n - 1]. Tax calculations follow Income Tax Act provisions for the current assessment year. Insurance premiums are indicative market averages.
Sources: RBI, SEBI, Income Tax Department of India, CIBIL, IRDA, LIC of India. Data verified as of Aug 2026.
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Disclaimer: This website provides general educational information only and does not provide personalized investment advice or recommendations. Financial decisions should be made after considering individual circumstances and consulting a qualified professional where appropriate. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance does not guarantee future results.