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What is the ideal amount you can retire with?

Founder

What is the ideal amount you can retire with?- Grapevine

How much do you think is enough?

It's usually never enough for a lot of people and life is bound to throw a lot of curveballs along the way (for better or for worse), but what's the first figure that comes to your mind at which you feel "okay, if I work for X more years and amass this much money/net worth, I can comfortably hang up my boots and retire"?

Additionally, how far along are you in achieving this goal?

I've noticed that a common trend is that a lot of folks, for all their future planning, still don't have enough (or as much as they would like) long-term clarity about what they're working towards and how much more and was hoping this sort of discourse could help bring better awareness.
P.S. - I fall in that category as well, fortunately or unfortunately.

What's your retirement corpus goal?

Software Engineer

How much money do you need to retire at 30? Lol

Retirement

Program Manager

How much do you plan to accumulate to retire and at what age? What kind of monthly income will let you retire peacefully?

What is your retirement golden number

Investment Banking Associate

Product Owner

By plan, I mean 
- After what networth you want to FIRE?
- By what age you think you’ll achieve that Networth?
- How are you going to build that networth?
- What are you going to do after you FIRE?

Those who want to FIRE, what’s your plan?

10 crore 
 - current 7 crore  
 - will reach there in 1 year  
 - currently 37 yo and 1 kid  
 - will focus on teaching, coaching and freelance consulting

Growth Manager

Folks, what is your definition of ideal salary that can allow you to retire at age of 45 with enough wealth to fulfil your wishes of travelling, buying house, etc.

Building Wealth

Finance Operations

I'm 28 years old right now. And what I feel is I don't want to work in corporate beyond 40. How much corpus i need to make if plan to do SWP and earn decent 3-4 lakh per month passively. 

I know the number may sound very aggressive but that's just my goal

How much corpus do I need if i want to retire by 40?

Software Developer

What is your retirement plan? I found 25X annual saving rule for developed economies where inflation is stable. 

Any thoughts on this?

Retirement planning

Project Manager

Welcome to IT Company Discussion's Private Community

Is 1 crore enough to retire ? What’s your view ?

90% people invest around 10K to 15K per month in MF through SIP and remain invested for 5 to 6 years. Even with 12 to 15% CAGR, the corpus is too small to create any asset. Is it worth it. I wonder.

Rich through SIP in MFs, it's a myth.

Hey, I am 45 years old and working in IT. I have a stock portfolio of around 3 cr and other investments in ppf, fd etc of 1 cr. I have a loan free car and house in tier 2 city.

 I am planning to retire. Is my savings good enough for retirement

Can I retire

Me and my wife are 30 years old software engineer with no kids. Draw 7 lac a month please some yearly bonus. We invest 2 lac a month combined into equity market through mutual funds. 

Expenses: 1.5 lac a month including everything, lives in Bangalore in good society, owns a car, don't thing much before spending. 

Still after everything left with 3 lakhs every month in bank account. Not sure how to use that. We both don't have any fancy "shauk" where we can spend and hence don't have an urge to earn more. 

Any suggestions???

Post tax 7 lac a month. Double income no kids, but not sure what do with all the money.

Hey - we are also similar to you. Would strongly suggest finding something you’re passionate about. 
  
 For us (primarily me) - got a dog, took a 6 month sabbatical, travelled to 30+ countries in this time, left job to pursue startup idea, spend time with parents, learn language, improve fitness, learnt some coding, etc 
  
 It’s a pretty good position to be in - just explore I’d say

Strategy & Operations

How much should one earn or invest by the age of 31 (considering he'll turn 31 in 2032) to be able to retire from corporate and live a good life?

Earnings to retire from corporate.

Pls follow me 🙏

https://www.instagram.com/_retireearly?igsh=MWQwODVpMm14d2NzZQ==

What is the ideal amount you can retire with?

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