Neutral impactEconomy
Your SIP Target Is Rs 1 Crore. But What If You Lose Your Job For A Year? Calculate How Much The Goal Slips
NDTV Profit 1 hr ago·16 Oct 2026, 9:32 am
A sudden job loss can derail your financial plans, and a long gap in your investments is a major risk. This scenario highlights the importance of building an emergency fund to cover your expenses for at least 6 to 12 months. Without this safety net, you might be forced to withdraw from your mutual fund SIPs during a market downturn, locking in losses and slowing your wealth creation.
For investors relying on Systematic Investment Plans (SIPs) to reach a specific goal, a one-year pause can significantly delay the target. This is because the power of compounding is lost during the gap, and the portfolio has less time to recover from market volatility. To mitigate this risk, it is wise to keep a portion of your investments in liquid funds or fixed deposits, which can be easily accessed without disrupting your long-term SIP strategy.
Key takeaways
- Category: Economy.
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