How much do you plan to accumulate to retire and at what age? What kind of monthly income will let you retire peacefully?
I hope to save 5 crores by 55 and retire, and then travel full-time around the world.
World when you're 55: 🌋
I think 5cr is a bit less
Will retire with 10 cr with house paid off.
Where are you currently in this journey?
Currently I'm 28, my total savings + investment is around 2 cr.
Doing SIP of 80k monthly, so even at modest 13% return it would help me accumulating 3 cr in 12 hours. Other than that I do some lump sum investing in Stocks/FDs/Bonds.
Haven't bought house yet but planning to do so in next 2 years.
Not calculating any ancestral property. Also, not factoring increase in TC because my expenses would also increase with time.
Not retire per se but I plan to spend more liberally after hitting 5 crores in NW.
10 crores of NW in current rupees is good enough to retire in my opinion.
Hope to hit 5 crores my 33 and 10 crores by 37
How much do you think is enough?
It's usually never enough for a lot of people and life is bound to throw a lot of curveballs along the way (for better or for worse), but what's the first figure that comes to your mind at which you feel...
At what age and net-worth (house, cash and investments all included) do you consider retiring? Perhaps answer in the format: "age", "money"
Hi all, I need suggestions. I am 32 and I have properties worth 3.8cr and my net is 2.7cr.
I want to sell these properties and retire and live on the returns from fixed deposits.
My expenses are 1 lac a month. I have already invested ...
What is your retirement plan? I found 25X annual saving rule for developed economies where inflation is stable.
Any thoughts on this?
