Goa Getaway: Planning a December Vacation on a Rs 50,000 Salary

Quick Summary

• A Goa year-end vacation costing Rs 60,000-Rs 70,000 can be planned on a Rs 50,000 monthly salary by investing Rs 10,000 per month in SIPs starting January.
• Using SIP calculators with an expected annual return of 12%, this plan builds a corpus of approximately Rs 1,27,665 by December:

– Total Invested: Rs 1,20,000
– Expected Returns: Rs 7,665
– final Corpus: Rs 1,27,665

• Suggested budgeting:

– Rent + Utilities: Rs.15k
– food & Essentials: Rs.8k
– Commute: Rs.3k
– Entertainment: Rs.4k
– Travel SIP :Rs10K Buffer

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