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I am 28 years old and have 32L in savings. 1L monthly expenses 3.2L monthly income through jobs other passive income sources. If I start saving 2L per month in the next 12 years 2.88 Cr. Letโ€™s consider with job switches and increments this amount re

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Vijay Karanam

Let's make your 1st ...ย โ€ขย 1y

Your Financial Health and planning looks great. To get and Idea Just Multiply 25x of your annual expense to get your retirement target amount. In your case - 1 L per month - 12 L per year - 25 x 12- 3 Cr would be fine. Remember that 3 Cr retirement Corpus is enough to maintain the same lifestyle you're maintaining today for rest of your life. If you want to upgrade lifestyle double the expense and your retirement Corpus would be 6 Cr. Using SWP you can get monthly income till your final days with decent Corpus for any emergency requirements too. For more details and including inflation calculations connect with us. Free of cost.

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Anonymous
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I am 28 years old and have 32L in savings. 1L monthly expenses 3.2L monthly income through jobs other passive income sources. If I start saving 2L per month in the next 12 years 2.88 Cr. Letโ€™s consider with job switches and increments this amount re

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