I'm 35 and have barely started saving. Is it too late to catch up, or should I just plan on working forever? Between student loans, rent, and the general cost of living, retirement savings always fell to the bottom of the list. Now I'm freaking out. Late bloomers in the savings game, how are you tackling retirement planning?
Just chill and start investing!
I am 33, I started investing at 31. Sitting at half a crore mark right now. My strategy is just MF (just index), and timing the market. Through an aggressive savings and frugal lifestyle at Mumbai (family of two) we are able to maintain it so far.
The trick is start small and increase it slowly.
How come half cr in 2 years? Please shed some light :)
It is very easy when the large cap is giving 50% and small/mid caps are giving 100% return in last 2 years. š
I was in similar situation till some years ago. Still not completely out of it but the things I did are took an Lic policy, doing short and long term mutual investments, nps from salary, purchased house on loan.
Are you in debt? If not then not an issue, just start with this month. I have a similar situation, household expenses, and everything eating up most of the things. Just don't stress out be chill and start in that direction
I will complete 3 years as a professional soon. Quit a Big4 to join a startup for better pay and faster growth but despite putting in my best work and leading initiatives, going above and beyond all the time, my peers are all earning bet...
I am feel like I will be unemployed and unemployable before 40. I am 29
working at shitty it service company with hardly significant savings and investment.
what you think about your future. I am surprised seeing my colleague buying fa...
Hey, I am 45 years old and working in IT. I have a stock portfolio of around 3 cr and other investments in ppf, fd etc of 1 cr. I have a loan free car and house in tier 2 city.
I am planning to retire. Is my savings good enough for ret...
[Serious Question] Folks who have been working from sometime now, how much savings/investments should one have in terms of their YOE/AGE. TIA. Absolute numbers are appreciable.
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