Many of us make a common mistake in life – not planning for retirement . Reasons may be plenty – low starting salaries, busy work schedules and a lack of knowledge about investing. Investment gurus always say that the most important thing in investing is ‘start’ and the second most crucial thing is ‘patience’, and the result of these two is ‘success’. This is what legendary investor Warren Buffett also teaches us: time and patience are the key to building wealth through the magic of compounding.

Mutual fund SIP best way to exploit the compounding benefit

So if you develop a habit of regular investment, even small investments can be converted into a substantial corpus through a mutual fund systematic investment plan (SIP). This write-up will explain how you can build a big retirement

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