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SlightPush

Can I retire

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

5mo ago6.2K views
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TCS5mo

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.

Kamlesh
Kamlesh

Homeschool them buddy, you'll be home anyways. Indian school system is shit, much better to homeschool these days.

switxh
switxh

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

BitterShade5
BitterShade5

Easily. Buy some farm land and eat healthy food and enjoy worry free life. My plan is also to do the same

BakshiBabu
BakshiBabu

I think its way better than most of us. You can retire if you really want to.

Mistrymist
Mistrymist

I really want to know how did you plan to save so much ! Please guide me

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TCS5mo

Onsite plus investing for the last 10 years.

Navigator10
Navigator10

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.

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TCS5mo

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

Navigator10
Navigator10

how did you make this much corpus, must be financially disciplined? please do share some lights for us fellows with few years into IT

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