Personal Finance14mo
What is your retirement golden number
How much do you plan to accumulate to retire and at what age? What kind of monthly income will let you retire peacefully?
Top comment
Dimag kharab hogaya thread padhke.
SillyNarwhal
What's your retirement corpus goal?
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 "okay, if I work for X more years and amass this much money/net worth, I can comfortably hang up my boots and retire"?
Additionally, how far along are you in achieving this goal?
I've noticed that a common trend is that a lot of folks, for all their future planning, still don't have enough (or as much as they would like) long-term clarity about what they're working towards and how much more and was hoping this sort of discourse could help bring better awareness. P.S. - I fall in that category as well, fortunately or unfortunately.
13mo ago
Find out if you are being paid fairly.Download Grapevine
ZoomyMuffin
Stealth13mo
It was 2Cr 3yr back. Figured that I would earn 7-8% annually on it giving me around 1L/month. Now, I am not so sure. Everywhere people say that 5-8Cr is minimum needed.
MagicalDumpling
DotPe13mo
Retirement corpus planning is as vague as it gets and it would keep changing with your goals and changing.
Your retirement goals should be to experience things you want to including traveling, food and create memories while saving money that you can.
Its important to save for the future but enjoy your present and life.
We think so much of retirement but ask someone with near death experience or is critically ill about their regrets and money would be the last thing on their mind.
De-stress, enjoy, be happy and make memories before the body gives in and you have all the money and time but can't eat this or that or can't travel due to health issues or maybe you lose interest in things you have planned to do after retirement.
Just think about things to do before I die and try making them happen while you also save some money :)
PerkyDumpling
Stealth13mo
I take break 4 times a year and don't care about work that time. Agreed on that
FluffyPanda
20cr given the inflation and devaluation of rupee overtime.
GoofyPickle
Stealth13mo
There cannot be any set goal amount.
One day you will wake up and find yourself sufficient to retire. After this, you will still probably continue to work, but for different reasons.
Discover more
Curated from across
Personal Finance19mo
Early Retirement
Hey everyone, I'm curious about retirement planning and would love to hear from others about their retirement goals. What retirement corpus are you looking at? What is your current financial status and expected retirement age? I'm partic...
