How much do you plan to accumulate to retire and at what age? What kind of monthly income will let you retire peacefully?
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"
