Is 1 crore enough to retire ? What’s your view ?
Depends where you live, your assets and liabilities at time of retire. Not a straightforward answer.
First tell me your age and marital status and your dependents. Then I will tell
Age 32
Dependent - Parents
household income in hand pm - 2,40,000
1 kid - 2 months old
I feel I should continue to earn for next 5 years, earn around 6 crores and that will be the good amount. Just to back off from this hustle and find something that balances my day, decent money but personal time as well.
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