Hey everyone, I'm curious about retirement planning and would love to hear from others about their retirement goals. What retirement corpus are you looking at? What is your current financial status and expected retirement age? I'm particularly interested in hearing from those who have already started planning for retirement or have already retired. Any tips or advice on retirement planning would be much appreciated. Thanks in advance!
You can use the following format Goal/current status/retirement age/current age
My goal : 10cr/2cr/40/30
10 cr equivalent after inflation adjustment
Start investing early is the mantra people follow to live peacefully after retirement .. I personally started investing at a very young age mostly into Mutual Funds and some government schemes. Start investing early on in your life with discipline and see the magic of compounding. Reach out to me personally for more tips
Nice. How long you have been investing and whats the IRR you were able to achieve? Also, what percentage of your salary do you keep aside for investment
It's been close to 10 years since I started investing independently. Because of my risk profile I consider a target of min 20% IRR which I am able to achieve easily. The thumb rule for investing monthly should be 20% (min) of your salary but if you want a larger amount by the time you retire and have less liabilities you can invest up to 40% of your salary monthly.
2cr...
Put those money at 10-12% and easily live a good life at any metro...
If you live in a village then it's even better, 2lac/month is.more than enough there plus clean water, organic food , veggies and air. You will extend your age by 10 to 20y atleast.
But see, i don't see myself retiring like watching web series and snacking like George jr in Young Sheldon...
Infact, once you get time u bought by money accumulated, spend that time on things which u wanted to do in your college, school or talked to friends, family...More practical one, whenever u r pissed of your boss and go to a travel tour backpacking...u could have dreamt of something, so do that for Life time...
It should be purposeful and alligned to betterment of society at core.
Like i will do
Period.
Nice. Totally agree with all the mentioned points. All the best
Bold of you to assume we’ll get to retire
Retirement doesn't means not working. It means we won't work for money
I suppose working for food during water wars will be a change of pace 😅
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...
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 ...
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 ...
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..
