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A common trend these days is retiring early. A standard question I am asked is, ”How soon can I retire?” The following are some of the factors that govern this query: Your existing savings and the investment strategy for the same. Your proposed level of savings going forward and the investment strategy for the same. Estimate Continue reading How soon can you retire? We all work and earn to enjoy the good things in life. A trip abroad, a new car, a well furnished house with modern amenities – we work more harder each day and save more to fulfil these aspirations of life. But if savings don’t grow at a rate higher than the rate at which expenses Continue reading What your child needs for that dream career? We all work and earn to enjoy the good things in life. A trip abroad, a new car, a well furnished house with modern amenities – we work more harder each day and save more to fulfil these aspirations of life. But if savings don’t grow at a rate higher than the rate at which expenses Continue reading Effect of Inflation Ask anyone on the street this question – What would you want to buy once you start earning? You will get many answers and I bet 95 out of 100 people would say “I would like to buy my own house”. So what I am trying to say even now owning a home gives people immense gratification, security Continue reading Grappling with home loans Prakash Mehra is 58 years old. He lives in Hong Kong and is going to retire at the age of 60; 2 years from now. Upon retirement, he plans to settle down in Mumbai, his hometown. The month of October 2007 will go down as the most historic month of his life. He has sold every Continue reading What is my ‘Optimal Level’ of money? |
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