Retiring doesn’t meaning stopping work. It simply means to do what you like without worrying about earning money. If right now, you are doing what you love to do and are able to give all your time to it, you have already retired.

But on this blog, we are talking from financial angle not the philosophical angle.

If you have trail income like mutual fund commissions, life insurance commissions, they are reasonably indexed AS LONG AS YOU WORK…after that the indexation literally stops.

Any missing point!!!

sorry to sound like a ignoramus!

While I follow your blog regularly and am happy that I get to read very sensible stuff, sometime I do wonder why we lay so much emphasis on ‘when to retire’. This entire concept of earning more than what you require (very debatable point as to how much you need), and then sitting without doing any work as there is sufficient corpus is certainly not ‘our’ idea, but borrowed from the West. This naturally promotes greed and the constant urge to increase or reach that magical corpus. We certainly need to save and learn to live within our means as a thumb rule in life. I sometimes feel that many get into a paranoid mode about future, looking at the costs, inflation etc. A very important principle of life stated in the Gita (we, anglicised folks, will appreciate the great points in the Book, when the same are churned and refurbished into spectacular jargon by a management guru from the West)is that ‘even the body needs to work everyday lest it becomes wasted and uselss’ and that ‘a human-being needs to work as long as he can’.