Before we begin I want to clear one thing that this method is just to give a vague idea of things and is not perfectly applicable in the real world as there are a lot of different factors involved.
HOW DO YOU START?
in your 20's not much is expected from you and you don't have to take care of someone. now I am not talking about u taking your girlfriend on an expensive date 3 times a week, man you will be broke before you know it.try to live on as little expenses as possible and avoid lifestyle inflation. And don't impulse purchase stuff, if you like something, write it down and think about it for a day or two, if then you think it's necessary then buy it.don't just buy stuff cuz they are on sale buy when you need them.
PREPARATIONS?
invest some of your free time to learn about investment options, cook your own food it will save you a ton of money.
reduce your expenses as much as possible and invest as much as possible in something like mutual funds or nifty or Sensex index fund.
prefer living with parents as you can save thousands per month just by that and you get your meal prepped.
if not living with parents try house hacking to save money or even generate a cash flow from it.
get a credit card and only use money that you use either way on bills and make sure to pay it on time otherwise you could be in very bad debt.it also helps you build your credit score which will help you get loans with lower interest rates.
work 2-3 part-time jobs and try side hustles(don't try to do day-to-day trading it can ruin your life if you do it as gambling.) if you are getting low wages and invest all you earn from this.
do this for at least 10 years (preferably more).
NOW I WILL SHOW YOU THE CALCULATION.
IF YOU INVEST 15000 PER MONTH FOR 12YRS AND INCREASE THE AMOUNT YOU INVEST BY 3% EVERY YEAR AT AN INTEREST RATE OF 12%.
YOU WILL HAVE Rs.54,32,265 AFTER 12 YRS LETS TAKE IT 54 LAKHS 32 THOUSAND FOR CONVENIENCE.
Now plan your expenditure for the next 10 years. let's say you need 1.5 lakhs every year for the first five years and 2 lakhs every year for the next five years bringing the amount to 18 lakhs of a round figure.
the amount remaining after this is 36 lakhs 32 thousand.which we will invest again for the next 10 years for interest of 14 % per year. (note - we will not be adding money only the 366laks 32 thousand is reinvested.)
This amount will be Rs.1,46,09,613 after 10yrs and you can repeat this process. now u have kids and family increasing ur expense to around 6 lakhs in the first 5 yrs and 8lakhs next 5 years. which will be 70 lakhs and when the remaining amount is reinvested you will get 3,05,70,000.
THIS IS JUST A METHOD AND LIFE HAS MANY UNSEEN CIRCUMSTANCES WHICH HAVE NOT BEEN ADDED.
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