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Salary Discussion
Salary Discussion
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SqueakyBagel
SqueakyBagel
EY

Post tax in-hand salary & FIRE

Hi, how much would the 53 lakhs CTC in-hand income be? as well as your advice on establishing retirement finances and investing for children's(2 kids) schooling. Taking into account that at forty years old, I am the sole breadwinner for my family and have never saved any money.

10mo ago
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SillyPenguin
SillyPenguin
Salesforce10mo

If base is 53, then you will get around 310000 per month take home. ±10k based on your declaration like hra, lta, etc. No suggestions advice on your other questions

BubblyCupcake
BubblyCupcake
Stealth10mo

Interesting numbers. With new tax regime I am assuming it gets a bit lower

SnoozyPancake
SnoozyPancake
Walmart10mo

I have 60 base and get about 3,30,000 as take home after taxes ? How did you arrive at 3,10,000 take home ?

BubblyCupcake
BubblyCupcake
Stealth10mo

It’s not too late to sort out your finances.
You need to however have a good clarity on your monthly expenses and future goals.

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