The 10X20X15 formula represents the following components: - 10: A monthly investment of Rs 10,000. - 20: The duration for which the SIP is maintained (20 years).

In the formula above, $1,174 and $7,078 are known as the bend points. These are the only parts of the Social Security benefits formula that change from one year to the next. In 2025, they will ...

In this formula, "10" refers to a monthly investment of Rs 10,000, "20" indicates the investment duration of 20 years, and "15" represents the expected annualized return of 15 per cent. Investment ...