PerkyLlama
PerkyLlama
11mo

How much money to be saved at 34

How much should we have in your account at the age of 34.

11mo ago
BubblyCupcake
BubblyCupcake

Depends on your goals and expenditures.
I would say it’s safe bet to save a couple of hundred crores dollars just in case

ZestyQuokka
ZestyQuokka
11mo

That's less in my opinion, nothing below 500 cr cuts the chase

GigglyWaffle
GigglyWaffle

**million rupees

WobblyPancake
WobblyPancake

I personally feel... one should at minimum save atleast X00000 where X is age and compound it annually with a 10% Rate(inflation adjusted)

DizzyNugget
DizzyNugget
11mo

My honest opinion is this question is not complete. You can't just ask openended question and expect people will help. Please be specific such as your annual or monthly expenses and dependents etc.

I don't think at the age of 34 or 35 working individual can save 1000cr in India. If that's his or her saving then one should retire and stay home.

My humble advice is to check wint wealth channel in Youtube and see what is the realistic number guys have achieved.

FluffyKoala
FluffyKoala

It totally depends on who you are, and what you do. If you belong to Ambani or Adani families, you should have few lakh crore saved, at least.

For other families or jobs, your savings could be either more or less than that, depending upon the exact family and job. Will vary from person to person

BouncyWaffle
BouncyWaffle

multiply your monthy expense by 6.5 and give it to the next person

SwirlyHamster
SwirlyHamster

10 rs

PerkyLlama
PerkyLlama
11mo

One time your annual income by 30, 3 times your annual income by 40 are the usual milestones considered. If you’re anywhere in the middle then you’re doing great.

JazzyTaco
JazzyTaco

As much as you can. Also invest in any form

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