FI ( Corpus ) Discussion

[mcdowl_murthy]

Have been doing some financial planning as I plan to move to India.

Effectively you can generate a tax free income ( Include you and your wife ) of 24 Lakhs per annum with 2.8 crores or ( ~300k USD ). I feel thats more than enough for a family if you dont have school going kids and have a paid of home. 

Rest you can invest in equity for long term and forget. This bucket takes care of you life style and whatevet left after spending can be invested into equity again. 

Am I missing something ? Thoughts. Looking for a genuine discussion only. Trollers find something else.

[Redarya]

1 minute ago, mcdowl_murthy said:

Have been doing some financial planning as I plan to move to India.

Effectively you can generate a tax free income ( Include you and your wife ) of 24 Lakhs per annum with 2.8 crores or ( ~300k USD ). I feel thats more than enough for a family if you dont have school going kids and have a paid of home. 

Rest you can invest in equity for long term and forget. This bucket takes care of you life style and whatevet left after spending can be invested into equity again. 

Am I missing something ? Thoughts. Looking for a genuine discussion only. Trollers find something else.

Ante 9% interest. And what about taxes you pay on it? Chala optimistic ga vunnav. Are you retired, if not eerojullo kids education ke avutundi ga 6 to 7 lakhs.

[enigmatic]

25 minutes ago, mcdowl_murthy said:

24 Lakhs per annum with 2.8 crores or ( ~300k USD ).

how are you getting this number? bank lo fd naa? what is the current rate in india ? taxes?