WigglyPenguin
WigglyPenguin
7mo

Would you be able to retire with Rs. 2Cr ?

live in tier2/3 city, with the option to freelance occasionally

7mo ago
GigglyPancake
GigglyPancake

If you are single, maybe yes. But if you have family, then very tough.

Because money value go down every year. If today your monthly expense is ₹50,000, after 7-10 years it become ₹1 lakh. Again after 7-10 years, it become ₹2 lakh. Then ₹4 lakh… so money finish fast.

2 crore look big now, but after 10-20 years, not enough. If you do some freelance work, maybe you manage for some more years. But full retirement with family , very hard.

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