The title is true. You can be a millionaire from PPF only. If you invest in PPF with discipline and compounding you can be millionaire. In a my way the safest and secure way to invest is PPF. Also you can take benefit of tax deduction.
Let's understand about PPF. In PPF you invest any amount up to 1,50,000/year. But these amount will lock for 15 years. If you need any amount from invested amount then you can take loan against PPF invested amount.
If you want to invest more than 1,50,000/year, you can open another PPF account on your spouse or wife's name. Invest their.
I have strategy on PPF so you can millionaire from PPF if you start invest from age of 25 and withdraw at the age of 60.
I am sharing two strategies with you for investment in PPF. please before apply these strategy ask with your financial manager / financial planner.
Strategy 1:
I have consider invested Year as age of 25, Retirement Age is consider as 60.
Strategy 2:
I have consider invested Year as age of 25, Retirement Age is consider as 60 same as above.
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