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GroovyNugget
GroovyNugget
Pfizer

Savings kitty of a 40 YO Male in India

Hi All, Just wanted to understand from you all folks what would be a good savings amount for someone like me who is 40 yrs of age, working in healthcare industry (here salaries probably aren't as high as in the IT sector) , with a package of around 45 lacs p.a. Some pointers would be helpful for myself to plan my investment journey

7mo ago
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GroovyNugget
GroovyNugget
Pfizer7mo

Adding to my post, I have saved around 80 lakhs till now, main reason being my home loan EMI of around 75,000 which should end in the next 6 to 7 years

GoofyRaccoon
GoofyRaccoon
Google7mo

Every 2 years saving 10 lacs since the age of 24 should be equal to: 80L in cash + (return)

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