Akshay

🚨 Govt plans E-Gold to monetise idle household Gold & boost liquidity

Remembering Manna Dey on his birth anniversary...while others ruled charts, he ruled technique, soul & timelessness. A singer your favorite singers looked up to! What are your favourite songs by the legend?

Back in 2000, I wrote a personal finance piece estimating a 30-year-old would need Rs 1 crore at retirement. It predicted milk at Rs 75/litre when a 2BHK in Andheri was under Rs 20 lakh. The Rs 1 cr goal was widely mocked then.

I've a question. let's say bjp comes to power in bengal. does that mean all the horrendous activities carried out by didi & the neighborhood would stop? we've seen how insanely barbaric they all are. Is bjp going to stop that? will it have crpf on ground 24*7 for the public?

You have seen inflation and its havoc. Now be ready to see deflation. And isn’t going to be decent.

In my opinion, If you spend 1-2 lakh/month today in a metro city for a family of 4 including education and rent/ emi, You would need roughly 8-10 crore by age 60 as a retirement corpus to live comfortably. But Sandeep Jethwani of Dezerv tells me that inflation, lifestyle creep and unexpected health costs can inflate your retirement expenses much more than you think and 8-10cr is not enough. he says a family of 4 spending 1-2 lakhs per month today need a 40cr retirement corpus in 20 years to maintain a certain lifestyle. That got me thinking about how the numbers keep getting more and more unattainable and the frustration among the youth is palpable due to lack of jobs and opportunities to grow income. Whats the solution then ? reduce your expenses, cut lifestyle creep, stop comparison and decide what your definition of enough is. Thoughts ?

All this linear spreadsheeters miss a point: Your lifestyle creeps in 60s You don’t have school fees to pay Most of working class will have health insurance Most of them pay off their mortgages by 60s Basically you are only high maintenance if you have serious health issues

All this linear spreadsheeters miss a point: Your lifestyle creeps in 60s You don’t have school fees to pay Most of working class will have health insurance Most of them pay off their mortgages by 60s Basically you are only high maintenance if you have serious health issues

In my opinion, If you spend 1-2 lakh/month today in a metro city for a family of 4 including education and rent/ emi, You would need roughly 8-10 crore by age 60 as a retirement corpus to live comfortably. But Sandeep Jethwani of Dezerv tells me that inflation, lifestyle creep and unexpected health costs can inflate your retirement expenses much more than you think and 8-10cr is not enough. he says a family of 4 spending 1-2 lakhs per month today need a 40cr retirement corpus in 20 years to maintain a certain lifestyle. That got me thinking about how the numbers keep getting more and more unattainable and the frustration among the youth is palpable due to lack of jobs and opportunities to grow income. Whats the solution then ? reduce your expenses, cut lifestyle creep, stop comparison and decide what your definition of enough is. Thoughts ?

🚨 Google has partnered with UIDAI to allow users in India to securely store their Aadhaar directly within Google Wallet.

Snow leopard in Ladakh, India

What kind of job would actually let me afford a house like this???