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Savings rate- financially independent

Chalanachithram.com DB » New TF Industry Related » Archive through May 25, 2020 » Savings rate- financially independent « Previous Next »
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Baatasari
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Posted on Saturday, May 23, 2020 - 07:13 pm:       


Royal1234:

ardam ayyindi bro. naa post kuda. accidentally i starred practicing it ani.




brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Royal1234
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Posted on Saturday, May 23, 2020 - 06:20 pm:       


Baatasari:

superficial




ardam ayyindi bro. naa post kuda. accidentally i starred practicing it ani.
 

Baatasari
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Posted on Saturday, May 23, 2020 - 05:42 pm:       


Royal1234:



Nothing is accidental man.. you hav to think of strategies or read abt the...for ex u can couple ur equities with option play to capture good consistent returns.. with relatively less risk..

Mottam strategies explain cheyadanki.. idi thed kadu.. aa context kuda wrong.. so superficial ga cheppa..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Royal1234
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Posted on Saturday, May 23, 2020 - 05:30 pm:       


Baatasari:

your task is simple - look at ALL your options and tailor them per ur needs.. show some creativity there..




accidentally
 

Baatasari
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Posted on Saturday, May 23, 2020 - 04:09 pm:       


Royal1234:




if you are investing in the US .. you should never complain/look further..

everything under the sun is tradeable for you, stocks, rates, credit, currency, commodities.. everything..

asset allocation is a tough problem to solve.. its a problem industry is trying to look for an "edge" for decades now.. so its not easy.. but since your pot is relatively less, your task is simple - look at ALL your options and tailor them per ur needs.. show some creativity there..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Royal1234
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Posted on Saturday, May 23, 2020 - 03:46 pm:       


Gatti_gunde:

we mango people can generate ..... salary, rental, FD returns,




i agree. we may not have much choice or have the smarts to invest to get 5% RI that is needed.

what is the alternative? keep working forever or try Save more and work until 50, live off the savings?
 

Gatti_gunde
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Posted on Saturday, May 23, 2020 - 03:14 pm:       


Royal1234:


what are the possible incomes ... we mango people can generate ..... salary, rental, FD returns, ivi kaakunda inkem untai .....may be stocks dividends okatemo but ...capital is at risk
 

Royal1234
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Posted on Saturday, May 23, 2020 - 03:12 pm:       


Baatasari:

In this context - what is the age we are targetting to retire. What are the variables that are in your control - in this case 2 we discussed.
Look at your cashflows and look at where you want to be. Ie by ysr graph you want to be saving multiples of salary. This is a constant gradient - 2x every 10 yrs.. practically account for jumps - marriage, kids etc.. when you do this top down - then you get better estimate of wat GROSS you need to target..

Finally with all assumptions analysis done - you know ur target ctc, target roi and target savings rate.. its as simple as this..

For ROI.. once your pot increases.. unless u r expert in stock selection you will err which will push you offtrack - so allocate to debt - thumbrule ur age=%ge in debt after 30..

Ie 32 yr old invests 32% in debt..this ensures as you grow.. ur pot grows.. and you are able to ballpark make 2+5% roi..




thx for explaining bro.
 

Royal1234
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Posted on Saturday, May 23, 2020 - 03:10 pm:       


Mahiz:

munde Ycp lo join aipoyavu anamata




we are not big shot enough for anyone to care.
 

Baatasari
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Posted on Saturday, May 23, 2020 - 02:57 pm:       


Royal1234:




In this context - what is the age we are targetting to retire. What are the variables that are in your control - in this case 2 we discussed.
Look at your cashflows and look at where you want to be. Ie by ysr graph you want to be saving multiples of salary. This is a constant gradient - 2x every 10 yrs.. practically account for jumps - marriage, kids etc.. when you do this top down - then you get better estimate of wat GROSS you need to target..

Finally with all assumptions analysis done - you know ur target ctc, target roi and target savings rate.. its as simple as this..

For ROI.. once your pot increases.. unless u r expert in stock selection you will err which will push you offtrack - so allocate to debt - thumbrule ur age=%ge in debt after 30..

Ie 32 yr old invests 32% in debt..this ensures as you grow.. ur pot grows.. and you are able to ballpark make 2+5% roi..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Mahiz
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Posted on Saturday, May 23, 2020 - 02:34 pm:       


Royal1234:

also have frame work to look what ever little we have.




Smart Boy .. munde Ycp lo join aipoyavu anamata :-)
 

Royal1234
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Posted on Saturday, May 23, 2020 - 02:32 pm:       


Baatasari:

clutter free thoughts undali..




could you please provide an example of such thoughts
 

Baatasari
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Posted on Saturday, May 23, 2020 - 02:23 pm:       


Royal1234:




Mundu financial discipline, clutter free thoughts undali.. USC india lo invest chese vallunar, H1 ikada invest chese vallu kuda unar..

I think thats a case of discipline + goals - that paves way..

Know of USC who make millions thru biz in india.. they have political connections, visit regularly et c.. opika ..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Royal1234
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Posted on Saturday, May 23, 2020 - 11:51 am:       


Anthamidhya:

oka peddaayyanni adigithe who invested for 30 yrs there, he said after kabjas, litiagation dollar appreciation etc etc , avg return was 5% itseems for him. ikkade kalla mundhu pettukoo baabu antaaru aayana




ee example lo 30 yr industry - USC/GC emo kada. maa lanti 2005/7 later batch struck GC queue and US journey could halt on any H1B renewal. by investing everything back home makes it easy to back or don't have a choice basket

thankfully kabjalu emi levu maa town lo. also have frame work to look what ever little we have.
 

Gotcha
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Posted on Saturday, May 23, 2020 - 11:47 am:       


Anthamidhya:

again this is on average of say 4 properties unte, okkati povachu type lo.


anduke aa 4 properties oke dagara undela chusukovali. consolidate into single manageble asset.
...
 

Royal1234
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Posted on Saturday, May 23, 2020 - 11:46 am:       


Anthamidhya:

A lot of times in life we will come across expenses which seem like spending but actually is an investment - gym fees, kids activities, kids classes, traveling ( if you are in high stress job then this is an investment too kada) ... key is to identify and value intangible benefits as well as not counting expense looking investment type activities...
sticking to FIRE to the T means most ppl will count such intangible investments as expenses




right. if not pursing FIRE. there is no point to follow that frugal life style
 

Gotcha
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Posted on Saturday, May 23, 2020 - 11:45 am:       


Hero:

409a ante non qualified deferred compensation aa ???


yes manam vodalali kada employer ni
...
 

Gotcha
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Posted on Saturday, May 23, 2020 - 11:44 am:       


Ysr2009:

19.5 Roth 401k + company match
19.5 spouse traditional 401k
12 Roth IRA
7 HSA

60k+ savings every year possible


kummu naadi except 12 just 6 roth ira plus inkko 25% extra of my saalary i invest in 401k.
...
 

Anthamidhya
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Posted on Saturday, May 23, 2020 - 11:01 am:       


Ysr2009:

19.5 Roth 401k + company match
19.5 spouse traditional 401k
12 Roth IRA
7 HSA

60k+ savings every year possible




what is this 12k roth things, any income limits ?
HSA antha every year maa vaadi therapies ki vellipodhi, if not that's a good vehicle for future medical expenses
 

Anthamidhya
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Posted on Saturday, May 23, 2020 - 10:52 am:       


Royal1234:

unless one is going back? then it may have a value?




even if you go back the key is someone there to manage them, keep an eye out etc... anything worthwhile will be stolen if you aren't monitoring it...again this is on average of say 4 properties unte, okkati povachu type lo.
even though our rational mind understands this the emotional side of us will keep pushing us to keep investing/take that risk - i fall in the second category but last 5 yrs ga didn't send any from here but just rotating what is over there...

oka peddaayyanni adigithe who invested for 30 yrs there, he said after kabjas, litiagation dollar appreciation etc etc , avg return was 5% itseems for him. ikkade kalla mundhu pettukoo baabu antaaru aayana
 

Anthamidhya
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Posted on Saturday, May 23, 2020 - 10:47 am:       


Royal1234:

one may be getting paid well/decent, spend a lot too but they may not enjoy their job for such people FIRE is a good concept. work. save a lot, get out

adopting a low-income lifestyle is not that much worse. FI (not RE)opens doors for other opportunities and contributes to own/others. if one keep on chasing money & working until 60, will miss other chances.




Agree bro, there is never a one size fits all but that caluclator yokka sushamani grahinchaali that sticking with it to the T.

A lot of times in life we will come across expenses which seem like spending but actually is an investment - gym fees, kids activities, kids classes, traveling ( if you are in high stress job then this is an investment too kada) ... key is to identify and value intangible benefits as well as not counting expense looking investment type activities...
sticking to FIRE to the T means most ppl will count such intangible investments as expenses
 

Baatasari
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Posted on Saturday, May 23, 2020 - 10:43 am:       

Yep usdinr, RE returns in india.. these are all relevant only if there is a pakka r2i plan.. otherwise useless for nri..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Royal1234
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Posted on Saturday, May 23, 2020 - 10:42 am:       


Anthamidhya:

big bokka at the end ... been there done that




unless one is going back? then it may have a value?
 

Royal1234
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Posted on Saturday, May 23, 2020 - 10:40 am:       


Anthamidhya:

FIRE sushma




one may be getting paid well/decent, spend a lot too but they may not enjoy their job for such people FIRE is a good concept. work. save a lot, get out

adopting a low-income lifestyle is not that much worse. FI (not RE)opens doors for other opportunities and contributes to own/others. if one keep on chasing money & working until 60, will miss other chances.
 

Hero
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Posted on Saturday, May 23, 2020 - 10:40 am:       


Gotcha:

409A savings




409a ante non qualified deferred compensation aa ???

that is immediately taxable once you leave your current employer...

oke sari tax bokka
 

Anthamidhya
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Posted on Saturday, May 23, 2020 - 10:30 am:       


Royal1234:

most Indians be able to crack save part . 5% RI is what most will fail i think. as we are new to investing, make bad deals or at least some bad deals , coupled with some decent, good type la




yep, i agree RI is a big variable.. but index returns on average 7-8% in the long run, assuming 2% average inflation your RI is 6%. But lot of desis invest back home (not taking dollar appreciation into account if you need to repatriate the amount back to US) and get burnt... part of learning process and hard reality that desam investments are big bokka at the end ... been there done that
 

Anthamidhya
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Posted on Saturday, May 23, 2020 - 10:27 am:       


Saint:

u can think u will work for next 20-30 years but frankly, u cant even be sure abt a decade! There is lot of disruption! U have to compete with 21 year kids (if u r in IT), after 40Y-50Y, u may not have much career left, though u think u wnat to work till 67 years




stop this doomsday scenario... there will always be disruption but at the same time people adapt. also not every company will be on latest tech or platforms that you don't have a job. fast moving companies will take the fast adapters, n slow movers will always have you and me.
if any your salary growth may not be forever if you don't adapt but folks will survive as long as they have some level of adaptability mindset.

even if you start that at 30 yrs of age, you will still be able to retire per that caclulation more or less.
pertinent question is do you want to live a super miserable life now to not work in the future ? if so for what purpose ? for a lot of folks work gives meaning to life and purpose. FIRE principles sukshammanni (sushma ni kaadhu ) grahinchi, say oka 20% ( YMMV) save chesthe, current life will adjust to 80% income style.
Your concept of expenses are fixed independent of income will change as your income increases in reality... income perigekoddhi we seek more comfort, a little more luxury, an extra eating out etc etc... this is where FIRE suksham can help you draw a limit to those expenses and help you a lot.
 

Ysr2009
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Posted on Saturday, May 23, 2020 - 09:52 am:       

19.5 Roth 401k + company match
19.5 spouse traditional 401k
12 Roth IRA
7 HSA

60k+ savings every year possible
 

Baatasari
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Posted on Friday, May 22, 2020 - 11:44 pm:       

Pls note.. that 5% hes quoting.. is after inflation..

I think thats very tough...anywhere.. consistent terms lo..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Royal1234
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Posted on Friday, May 22, 2020 - 11:40 pm:       


Anthamidhya:

.2nd concept is the more you save means you are adapting to low expense life style




most Indians be able to crack save part . 5% RI is what most will fail i think. as we are new to investing, make bad deals or at least some bad deals , coupled with some decent, good type la
 

Saint
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Posted on Friday, May 22, 2020 - 11:32 pm:       


Anthamidhya:


u can think u will work for next 20-30 years but frankly, u cant even be sure abt a decade! There is lot of disruption! U have to compete with 21 year kids (if u r in IT), after 40Y-50Y, u may not have much career left, though u think u wnat to work till 67 years
All is WELL!
 

Baatasari
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Posted on Friday, May 22, 2020 - 11:31 pm:       


Saint:




Aa article artham aindi..nuvvu miss aina points discuss chesanu..

Ee sollu puranam artham kaled.. avsaram kuda led.. sare kani..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Saint
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Posted on Friday, May 22, 2020 - 11:30 pm:       


Baatasari:


ad eneeku teliyadu ani cheppedi! Edi blk n white good/bad kaadu!

Konni sacrifices kontha kalam chesthe konni benefits pondochu ani! Vertical growth gurunchi itchina example adi! Vertical growth lo salary peragadu ani statement itchavu! Adi wrong ani cheppa! Neeku ardham kaledu! Lol
All is WELL!
 

Baatasari
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Posted on Friday, May 22, 2020 - 11:26 pm:       


Saint:




Ee cts sollu enduku cheptunavo nayana.. services company lo growth untundi antav. Ipudu ledu peanuts salary antav.. em matladutunavo neekanna artham avtunda..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Anthamidhya
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Posted on Friday, May 22, 2020 - 11:25 pm:       

Agree with baatasari ... no matter when you start time to retirement is from that point in there...2nd concept is the more you save means you are adapting to low expense life style
 

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Posted on Friday, May 22, 2020 - 11:24 pm:       


Baatasari:




CTS lo director ga chese vaadu Oka financial firm lo good pkg tho director ga join ayyadu! CTS tho compare chesthe oka 30% high annattu! Ade bayata ade company lo jesi director avvali ante oka 1 n half decades patyochu!!CTs lo bonus ante ethukkovali! Ittanti examples chala vunnayi! I know ppl who joined as VPs, Vendor mgmt roles at the client places! Ade vlient place lo fte lo chesthe They cudnt have become what they r!

Client companies lo konni director level or above ante , mortagage clousre, 6 months to 12 months free guest house type settings kooda vuntayi

Bottomline is CTS lo director ante peanuts, but not in many companies!


Neeku telisindhe lokam kaadu, bayata chala vundi
All is WELL!
 

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Posted on Friday, May 22, 2020 - 11:20 pm:       

Naa 401k plus 409A savings =44%
Ante pre tax lo 44% gone ana mataonly 56% lo i pay tax and other bills
...
 

Baatasari
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Posted on Friday, May 22, 2020 - 11:15 pm:       


Saint:




In the context of salary.. and retirement those r 2 that matter..

If u r here to see.. how i did not mention TIME.. ok..

And if u read ur bla on how vertical progress leads or doesnt lead to $ growth.. that will contradict wat u just said few posts back.. eppatiki cherutamo.. chusko mari..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

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Posted on Friday, May 22, 2020 - 11:12 pm:       


Baatasari:



Baatasari:


nee equation lo 2 variables ani balla guddi cheppi, malli time is zeroth antavu!! Lol

Vertical growth vunte salary kooda peruguthundi, if u jump with a certain grade, market lo u will always make money (avg/abv avg) range!

A dev salary, avg salaries 110-120k vunte director salaries 140-160k plus bonus lu vuntayi, (this is avg)

u R not sticking to service based companies forever!

Many companies (clients) are hiring witch leaders and they r getting good pay packages!
All is WELL!
 

Baatasari
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Posted on Friday, May 22, 2020 - 11:07 pm:       


Saint:




Time is what we are compounding.. in thag article.. 0th variable.. hes asking you to start early..

Indulo grahinchedi emi led..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Saint
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Posted on Friday, May 22, 2020 - 11:06 pm:       


Baatasari:


there is 3rd variable which u dont get it, thats called time!

Time & compounding will create wonders! If u remove time from that equation, it is as good as nothing
All is WELL!
 

Baatasari
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Posted on Friday, May 22, 2020 - 11:04 pm:       


Saint:




Inka pachiga chepalante.. nee drushti lo y is it NOT possible ?

Cos once u hit 30.. ur family, expenses show up.. but "vertical growth" ani ninna chepave.. it doesnt result in any much $.. so ur savings % decreases .. in early 30s itself.. hence ..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Baatasari
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Posted on Friday, May 22, 2020 - 11:02 pm:       


Saint:




Again.. THAT is the article.. u have to target these 2 variables.. and its acheivable ane cheptunad ayana..maths vesi..

Savings % from salary
Return on savings

Thats all the magic .. these r control variables.
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Saint
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Posted on Friday, May 22, 2020 - 10:59 pm:       


Baatasari:


aa type of articles works for career early stage folks and nkt for middle aged uncles! If u have 25-30 years career, yeah that works, what if u have 10-15y career?
The same savings rate may not take u anywhere, if u r in lower salary bracket!
All is WELL!
 

Baatasari
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Posted on Friday, May 22, 2020 - 10:54 pm:       


Saint:




If u see the article - it all talks of % - why ? You shud ask before u read that..

Retirement only means you lead the lifestyle as on today, without a job.. ie if today in honda u continue to be in honda.. hence what you hav in savings is function of ur salary.. ade article core assumption..

Ika aiming for higher salary antava . Always up for it.. but thats a different topic ..has nothing to do with this retirement. If u clutter the topic with all sorts of jargon, and some imaginary expense list.. it goes nowhere..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Saint
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Posted on Friday, May 22, 2020 - 10:51 pm:       

Ur expenses are fixed, ur income is not annaru evaroo
All is WELL!
 

Saint
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Posted on Friday, May 22, 2020 - 10:49 pm:       


Baatasari:




%s lo vesukunte emi use? 100k lo 30%, 200k lo 30% same kaadu kada?

U need to know how much u have to save (fixed amount), then calculate monthly gross salary, and u need to aim for those jobs!

House investment ane valla kosam vesaa, thats a expense(not an investment) ani
All is WELL!
 

Mahiz
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Posted on Friday, May 22, 2020 - 10:49 pm:       


Saint:

Total 3.5M good fir retirement no?




20+ crores kavala FIRE kosam
 

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Posted on Friday, May 22, 2020 - 10:47 pm:       


Ruj:


doesnt matter rujjai, family income inko 10-20k additional expenses ni cover jeyyataniko same 10-20k add chesukooo gross salary ki
All is WELL!
 

Baatasari
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Posted on Friday, May 22, 2020 - 10:35 pm:       

Ee saint uncle.. edo nachina numbers vesi ..simple calcs ni kuda inta over complicate enduku chestad artham kad..

If you are paying 1k$ income tax permonth.. u r almost always fixing a bracket on ur gross income already - so y add house, hsa bla bla..

There are only 2 variables that u shud think of.. n rest follows.. % of salary saved and % return every year... above inflation..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Ruj
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Posted on Friday, May 22, 2020 - 10:34 pm:       


Saint:

Year ki 60-70k save cheyyali ante mana income 170-180k range lo vundali! Bahuth kast hai




single income or family income?
 

Royal1234
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Posted on Friday, May 22, 2020 - 10:29 pm:       


Saint:

income




Balance Transfer thread lo oka reply ivvandi. -
 

Saint
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Posted on Friday, May 22, 2020 - 10:28 pm:       

401k- 1600
IRA-1000
IncomeTax-1000
Social tax-900
Insurance-500
HSA-500
House (Vunte) - 3500
Other expenses -2500
Other Savings-1000
Other exp-1000

Total:13500
Per year-165k, heppatiki reach avuthamo ee salary
All is WELL!
 

Saint
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Posted on Friday, May 22, 2020 - 10:21 pm:       

Year ki 60-70k save cheyyali ante mana income 170-180k range lo vundali! Bahuth kast hai
All is WELL!
 

Saint
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Posted on Friday, May 22, 2020 - 10:20 pm:       

Year ki oka 60-70k save jesthe 10-15Y lo retirement plan heyyochu with high risk investments
All is WELL!
 

Saint
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Posted on Friday, May 22, 2020 - 10:19 pm:       

Max out 401k with empl contribution - per year could be 24-25k? IRA-12k, plus another 10-12k in stocks

401k returns -7-8% avg Pa - rough ga 9-10Y lo double
IRA-12% 6-7 years lo double
Stocks -15% - 5-6Y lo double

20Y work chesthe, 1M asalu inko 2.5-3M returns anukodni avg gaa

Total 3.5M good fir retirement no?
All is WELL!
 

Ruj
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Posted on Friday, May 22, 2020 - 09:31 pm:       

ippude mrmustache kurrodi 10yr retirement story chadiva..danemma aa lekkalalo cash ekkada nundi vachindi ante investment antad..aa investment kituka teliyake kada sastondhi..

i guess just blindly invest in S&P..
 

Ysr2009
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Posted on Friday, May 22, 2020 - 08:44 pm:       

>> 30 - 40 .. 10 years lo 3 times money ela ?

assuming you have $1 savings by age 30, you should invest it to make it to $2
+ $1 additional savings in 10 years

seems reasonable..
 

Ruj
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Posted on Friday, May 22, 2020 - 08:43 pm:       


Ramjirao:

sum total of everything



Royal1234:

kalipi . only catch is your 401K + other investment should make 5% RI. continue to save 50% for 17/18 yrs, retire, draw 4% post retirement




ok thanks.
 

Royal1234
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Posted on Friday, May 22, 2020 - 08:39 pm:       


Baatasari:

you are still working or investing your saving




naku kuda alaney anipistundi annai. first post chart or YSR will get more or less same towards end.
 

Baatasari
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Posted on Friday, May 22, 2020 - 08:32 pm:       


Royal1234:




i understood the 1st post.. and YSR table too..

aa table lo .. every 10yrs constant 2x saving assumption undi.. which is like shady beyond 50 .. you are still working or investing your saving ( i guess this )..

anyways...
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Royal1234
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Posted on Friday, May 22, 2020 - 08:31 pm:       


Ruj:

401k alantivi kooda kalipa?




kalipi . only catch is your 401K + other investment should make 5% RI. continue to save 50% for 17/18 yrs, retire, draw 4% post retirement
 

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Posted on Friday, May 22, 2020 - 08:30 pm:       


Ruj:

saved ante savings accountlo cash undala? leka 401k alantivi kooda kalipa?


sum total of everything
 

Royal1234
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Posted on Friday, May 22, 2020 - 08:29 pm:       


Baatasari:

you earn 100k then save 20k




keep working until 60 and saving 50% will certainly make YSR annai table.

first post concept is
save 50% while working -17/18 yrs - retire
earn 5% RI - form year one
draw 4% after retire
 

Ruj
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Posted on Friday, May 22, 2020 - 08:26 pm:       

saved ante savings accountlo cash undala? leka 401k alantivi kooda kalipa?
 

Baatasari
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Posted on Friday, May 22, 2020 - 08:23 pm:       


Mahiz:

30 - 40 .. 10 years lo 3 times money ela ?




10 years lo.. incremental 2 yrs income..

i,e hes assuming 20% savings rate.. you earn 100k then save 20k - thats the reco given..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Royal1234
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Posted on Friday, May 22, 2020 - 08:21 pm:       


Ysr2009:




saving to use it later is the topic kada. meru table deni kosram?
 

Mahiz
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Posted on Friday, May 22, 2020 - 08:20 pm:       


Ysr2009:




30 - 40 .. 10 years lo 3 times money ela ?
 

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Posted on Friday, May 22, 2020 - 08:13 pm:       

By AgeYou Should Have Saved
301x your household income
403x your household income
505x your household income
607x your household income
709x your household income
8011x your household income
 

Royal1234
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Posted on Friday, May 22, 2020 - 08:12 pm:       


Savyasachi:




informative and inspiring
 

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Posted on Friday, May 22, 2020 - 08:05 pm:       

I used to read his blog all the time. nice and informative on frugal living and saving up for retirement.
 

Royal1234
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Posted on Friday, May 22, 2020 - 07:59 pm:       

interesting table. assumption -5% investment returns from year of earning & 4% withdraw each year for expenses once leave job

https://imgur.com/BR2kZnP

I think, most DBers don't have worry about these things and they very well set long work carriers/income/saving/future earnings - thus waste of time.

Original source

https://www.mrmoneymustache.com/2012/01/13/the-shockingly-si mple-math-behind-early-retirement/

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