Retirement is one of the biggest financial milestones in life. While many people dream of a stress-free retired life, few know exactly how much money they need to achieve it. The key is to plan ahead and calculate your retirement corpus based on your expected expenses, inflation, and investment returns. In this post, I break down the steps to estimate your retirement corpus, … [Read more...] about Retirement Planning: How to Calculate Your Ideal Corpus
financial independence
How the 80/20 Rule Can Revolutionize Your Personal Finances
The 80/20 rule, or the Pareto Principle, states that 80% of results come from 20% of efforts. In personal finance, this principle highlights that a small percentage of your financial habits or actions can have a massive impact on your overall financial situation. Here’s how the 80/20 rule can be applied to your personal finance management with examples relevant to the Indian … [Read more...] about How the 80/20 Rule Can Revolutionize Your Personal Finances
Early Retirement | Is It Worth The Hype? What are the pros & cons?
Early retirement is doing a lot of buzz these days. People from various sectors are so much attracted to this concept of retiring early. This concept of early retirement also has a cool phrase attached to it - Financial Independence, Retire Early (FIRE). This term actually denotes a movement that involves a strictly frugal lifestyle accompanied by rigorous savings and … [Read more...] about Early Retirement | Is It Worth The Hype? What are the pros & cons?