The 4% withdrawal rule was coined by Bill Bengen in the mid 90s and made popular by “Trinity Study” in the late 90s. The essence is very simple — withdraw at a rate that will ensure your retirement portfolio will last for the next 30 years. source. The implementation is also very simple. If you have Rs…
What would be your ideal retirement corpus? When I ask this question to my clients, the responses are usually surprising. Most of them overestimate what they could do in 1 year and underestimate what they could do in 15. In my opinion, an upper middle-class Indian household would require 3 crores to retire financially independent….
Countless articles have been written about retirement, but nobody has explained what really happens to your income post-retirement. Trust me, I have read more than 20 articles, but never got the answer to this crucial question. Let me break the suspense — your income does not stop even after retiring. People think when you withdraw from your…
FIRE — Financially Independent, Retire Early! was a movement started in the 90s after the authors Vicki Robin and Joe Dominguez popularized it in their book — “Your Money or Your Life”. The concept is to save/invest 70% of your earnings, meet the consumption demands with the 30%, and then retire rich in 7 to 10 years. It may…
Today we will have a brief intro about my mobile app On the left navigation, you can find options for “All mutual Funds”, “Top Mutual Funds”, “NPS”, “FDs”, “Insurance” etc. When you click each of the links, the detailed plans available will display. Mutual Funds 2. Insurance 3. Fixed Deposits 4. NPS Finally, some important…
