Hi, how much would the 53 lakhs CTC in-hand income be? as well as your advice on establishing retirement finances and investing for children's(2 kids) schooling. Taking into account that at forty years old, I am the sole breadwinner for my family and have never saved any money.
If base is 53, then you will get around 310000 per month take home. ±10k based on your declaration like hra, lta, etc. No suggestions advice on your other questions
Interesting numbers. With new tax regime I am assuming it gets a bit lower
I have 60 base and get about 3,30,000 as take home after taxes ? How did you arrive at 3,10,000 take home ?
It’s not too late to sort out your finances.
You need to however have a good clarity on your monthly expenses and future goals.
Hi everyone,
The year end is here. It was a great year for my FIRE journey and I thought I'll share an update with you all.
With few days left in 2023, I've crossed 2.65 CR in net worth after touching 2 CR in May this year.
Here's the...
Just want to know what your current net worth is (including house, -debt) and what is your target saving for you to not earn anymore?
e.g. 2.25 lacs in hand means 3.3 lacs per month/40lacs per annum before tax, implying at a 4% withdraw...
By plan, I mean
10 crore - current 7 crore - will reach there in 1 year - currently 37 yo and 1 kid - will focus on teachi...