Early retirement
Can someone retire with 1cr - invested in FD and stocks..having own home ..no debt ..annual expense - 5 lakh..
YoE?
13 years for me, 11 for my husband
1.5L/mo is your expense before retirement. What would it be after? Some expenses are mostly tied to the job: Commute, servants, 3BHK near the office, Eating out, Travel to home city etc. For others, their expenses after retirement increase manifold with 10hr of daily free time not tied to a PC.
What would your case be?
1.5 Lakh includes rent, servants .Expenses on holiday , school fees may add 5 LPA separately. 6 cr is in FDs/ MFs/PPF .
Now. Retire now. Live remotely. Work remotely to your comfort.
1.5L includes emi/rent?
Can someone retire with 1cr - invested in FD and stocks..having own home ..no debt ..annual expense - 5 lakh..
But the value of ₹ has gone down quite a lot. Looks like the FIRE amount is now 10 Crore