Well I would say anywhere between 10-18 crores keeping in mind the inflation and the type of lifestyle one has .
second thing is having a good life partner who can help you Sail the ship of your life without much hardships
Lol, India's top 1 % has "only" 1.4 cr networth and vast majority of people do just fine in a tier 2 city with that much (assuming paid off home).
18 Cr is US-esque money, a country that has 30x our country's GDP per capita. Unless you are planning to retire in South Mumbai , even 1/10 of your suggestion would be enough for tier 2 cities
I think 18Cr is the right amount to consider. Given that retiring at 30 means at least 30-40 years of living on the expenses with an inflation of 6-7%
Have 80L Invest in very safe yielding 6% instruments. 0.5% monthly return is 40K monthly.
If you can sustain your month within 35K, you can retire at 80L
Age 30, married, expecting to be alive till 80 50 L in cash Own house & car (no plan to sell any of them) No kids, no loans, no expectations, just basic life Nothing from family
Excel calculation is hinting yes :) But need practi...
You can't have the same car for 50 more years. Your house will need pieces of renovation in the next 50 years. ...
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.
Just met a dear friend with 10+ yoe and earning 33L per anam.
He doesn't want to get promoted or salary hike as he is getting enough as per need and wants to have good WLB. He is accumulating a 3cr corpus and planning to retire in 10...
That dude has understood life, iām 25 will do the same
