http://retireby40.org/25x-expenses-isnt-enough-for-early-retirement/?curator=alphaideas&utm_source=alphaideas

One question that I have never been able to answer clearly is “How much money do I need to really retire?”. There are some advisers who say the following:

• you will get about 18% return on your equities, so you do not need much to retire
• you will need about 2 crs. to retire and please do not get scared by Subra and his calculator friend Pattu
• Subra’s figure of US $ 1 Million is OBVIOUSLY wrong so ignore
• See Pattu’s calculator – it is applicable only for US I think

So since I do not know how much YOU require for retirement..i thought i will just tell you that I know the following:

• I do not know you
• I do not know how much are your monthly expenses, but have assumed Rs. 50k a month as of today
• I do not know what returns you will get on your investments but some IFAs do know. Guilty as charged.
• I do not know how long you will live. Stupid me.
• I do not know how your expenses will span out, and do not know what rate of inflation to apply.
• I do not know how long you or your spouse will be in Long Term Care – institutionalised or otherwise and what rate of inflation will be applicable for this

However I can do something else – give you a smart link…go have fun..fund..oops fun…

http://retireby40.org/25x-expenses-isnt-enough-for-early-retirement/?curator=alphaideas&utm_source=alphaideas