🌟 Want to retire early but not sure how much money you’ll need? Let’s break it down in Indian Rupees! 💰
How Much Money You Need to Retire in INR
The FI/RE Formula (Financial Independence / Retire Early) provides a simple yet powerful approach:
👉 FI/RE Number = Annual Expenses × 25
Example Calculation:
Monthly Expenses:
Rent/EMI: ₹1,50,000
Utilities & Bills: ₹58,000
Groceries: ₹50,000
Transport: ₹33,000
Personal: ₹41,000
Total: ₹3,32,000
Annual Expenses:
₹3,32,000 × 12 = ₹39,84,000/year
FI/RE Number:
₹39,84,000 × 25 = ₹9.96 crore
If you spend ₹39.84 lakh/year, you’ll need approximately ₹10 crore saved or invested to retire early in India!
Why This Works:
This calculation is based on the 4% Rule, which assumes you can safely withdraw 4% annually from your savings while it continues to grow.
💡 Take Control of Your Future:
Start tracking your expenses, optimizing your savings, and investing wisely to achieve financial independence.
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