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
Thanks for your suggestion guys, the only thing I'm worried about is the future cost of higher education for my kids. Since it's going to happen in the next 10-15 years I cannot anticipate the cost.
Homeschool them buddy, you'll be home anyways. Indian school system is shit, much better to homeschool these days.
no please. Kids learn a lot by interacting with other kids. The best answer is to make them join an average school with no strict attendance and teach them yourself after school instead of tuition
Easily. Buy some farm land and eat healthy food and enjoy worry free life. My plan is also to do the same
I think its way better than most of us. You can retire if you really want to.
How is investment of some part of total investments in gold as a hedge? Is it worth to keep something in gold just for case of emergency or need arises when stocks are going low or negative.
Fair point, currently invested in sgb but very less compared to overall portfolio both stock and non stock. Might increase in gold by investing more in sgb
how did you make this much corpus, must be financially disciplined? please do share some lights for us fellows with few years into IT
Hi all, I need suggestions. I am 32 and I have properties worth 3.8cr and my net is 2.7cr.
I want to sell these properties and retire and live on the returns from fixed deposits.
My expenses are 1 lac a month. I have already invested ...
How much do you plan to accumulate to retire and at what age? What kind of monthly income will let you retire peacefully?
Dimag kharab hogaya thread padhke.
Can someone retire with 1cr - invested in FD and stocks..having own home ..no debt ..annual expense - 5 lakh..
