Retirement plan

[trent]

All uncles ..how are you guys planning your retirement 

term life vundi.

friend life kuda tesukunnadu .. tesukunte better a? I know don’t mix insurance and investments ani all saying.

inka India Lo emanna policy or etc tesukunnara? Edo sbi di 6 lac per year Edo policy vundi.

TFSA (tax free savings account in Canada) for now limit 120k cad including wife max chesa. (All mixed fruit stocks vunnay, reassess cheyali)

RRSP(registered retirement saving plan in Canada) Idi em contribute cheyaledu Nenu as I am contractor )

portfolio ela build cheyali oka 20 yrs ki?

and kids ki life insurance tesukunnaru kontha mandi. Or edanna sip or etc plan chesara kids name tho apart from education savings plans?

 

 

[idibezwada]

10 minutes ago, trent said:

All uncles ..how are you guys planning your retirement 

term life vundi.

friend life kuda tesukunnadu .. tesukunte better a? I know don’t mix insurance and investments ani all saying.

inka India Lo emanna policy or etc tesukunnara? Edo sbi di 6 lac per year Edo policy vundi.

TFSA (tax free savings account in Canada) for now limit 120k cad including wife max chesa. (All mixed fruit stocks vunnay, reassess cheyali)

RRSP(registered retirement saving plan in Canada) Idi em contribute cheyaledu Nenu as I am contractor )

portfolio ela build cheyali oka 20 yrs ki?

and kids ki life insurance tesukunnaru kontha mandi. Or edanna sip or etc plan chesara kids name tho apart from education savings plans?

 

 

not at all advisable..vadu teskunnadu ani nuvvu teskuntava...life is too short man

[trent]

6 minutes ago, idibezwada said:

not at all advisable..vadu teskunnadu ani nuvvu teskuntava...life is too short man

Na term insurance 65 ki over then appudu 66 ki pothe em ravu kada? It will be good right to have another backup?

[trent]

9 minutes ago, idibezwada said:

not at all advisable..vadu teskunnadu ani nuvvu teskuntava...life is too short man

How are you planning your retirement?

[idibezwada]

1 minute ago, trent said:

Na term insurance 65 ki over then appudu 66 ki pothe em ravu kada? It will be good right to have another backup?

you can take multiple terms...invest the rest in SPY and do SWP in future when needed...I assume the the returns will be 3-4 times more...SPY returns are say 10%....what are the returns you are expecting on life?

[idibezwada]

9 minutes ago, trent said:

How are you planning your retirement?

term, Pre Roth, Roth, Individual stocks, business

[Kurnoolbomb]

45 minutes ago, trent said:

portfolio ela build cheyali oka 20 yrs ki?

 

Long term growth ki long term plan. Simple kaani boring. Every month DCA/SIP amount what ever ur comfortable with in SPY or QQQ. But stock market 20% down aainappudu appu chesi ayna 10x or 20x ur usual monthly amount. That way u will be way ahead long term. Keep ur play money aside to gamble with individual stocks.