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how much money is enough to retire


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Posted
3 hours ago, mettastar said:

entha dooram lo unav

cash ki three quarters dooram la....investment ki half dooram la vunna...

Posted
7 hours ago, srshb445 said:

us lo no inflation at all.......ippudu $100k salary is equal to same $100k in the nxt 5 yrs, may be in 10 yrs i would say it should equal $110 k.......but us lo inflation is not that much........when it comes to india, we need to put 6-7 % inflation each year

its not zero. Current inflation rate is 1.9% for the last 12 months.

Posted
7 hours ago, srshb445 said:

hi guys.......andariki anipistadi, intha money unte retire ipovachu ani wheather it is india or us.......the currency might be in either usd or inr.........for me i personally feel i have 1 million usd( 7 cr inr), i will happily retire and lead a very happy life, meeku entha amount safe for the rest of the life anipistundi just share your thoughts....

Number is just a figure... u will never feel enough..

Posted
13 minutes ago, Rajugadu said:

Number is just a figure... u will never feel enough..

This is so true...

Posted
7 hours ago, srshb445 said:

us lo no inflation at all.......ippudu $100k salary is equal to same $100k in the nxt 5 yrs, may be in 10 yrs i would say it should equal $110 k.......but us lo inflation is not that much........when it comes to india, we need to put 6-7 % inflation each year

US lo college fee lo inflation baga untadi and health care insurance cost lo. India lo real estate nundi start ayyi annintilo inflation e

Posted

कल क्या होगा किसको पता अभी ज़िंदगीका लेलो मज़ा !!!

Posted
8 hours ago, srshb445 said:

hi guys.......andariki anipistadi, intha money unte retire ipovachu ani wheather it is india or us.......the currency might be in either usd or inr.........for me i personally feel i have 1 million usd( 7 cr inr), i will happily retire and lead a very happy life, meeku entha amount safe for the rest of the life anipistundi just share your thoughts....

If you want to retire comfortably in the US, you need 2.5 to 3 million USD net worth with fully paid house.

There is no point in keeping money in the bank - it will diminish in value from inflation. Invest frequently. Buy properties for every 30K savings using it as down payment.

Posted

whenever you have more money accumulated than ur fellow desi friends.. it is the right time to retire

Posted
9 hours ago, srshb445 said:

hi guys.......andariki anipistadi, intha money unte retire ipovachu ani wheather it is india or us.......the currency might be in either usd or inr.........for me i personally feel i have 1 million usd( 7 cr inr), i will happily retire and lead a very happy life, meeku entha amount safe for the rest of the life anipistundi just share your thoughts....

1 million = cash+assets ?

Posted
9 hours ago, srshb445 said:

hi guys.......andariki anipistadi, intha money unte retire ipovachu ani wheather it is india or us.......the currency might be in either usd or inr.........for me i personally feel i have 1 million usd( 7 cr inr), i will happily retire and lead a very happy life, meeku entha amount safe for the rest of the life anipistundi just share your thoughts....

Inka andari opinion neekentiki kaka

Posted
1 hour ago, Jobsforeveryone said:

This is so true...

its about being in safe zone and being happy...you know much you spent yearly in the last 5 yrs and after retirement you would have some understanding of ur expenses. kids education and medical expenses is something you need to have clarity of much would keep you in safe zone...

Posted
10 hours ago, srshb445 said:

us lo no inflation at all.......ippudu $100k salary is equal to same $100k in the nxt 5 yrs, may be in 10 yrs i would say it should equal $110 k.......but us lo inflation is not that much........when it comes to india, we need to put 6-7 % inflation each year

evaru uncle tamariki sepindi? so you are saying all the groceries costed the same 10-20 yrs ago..@3$%

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