Comments for Chandan Singh Padiyar / Flat Fee Advice only Financial Planner / SEBI RIA-Pune https://padiyars.com Simplifying your financial life Mon, 01 Feb 2021 09:02:45 +0000 hourly 1 https://wordpress.org/?v=6.8.3 Comment on Best Investment Plans for 2021 by admin https://padiyars.com/best-investment-plans-for-2021/#comment-40 Mon, 01 Feb 2021 09:02:45 +0000 https://padiyars.com/?p=996#comment-40 In reply to kalai.

Yes, 2nd option is good to start with, Generally people get disturbed by looking at the numbers with inflation, However one needs to recalculate each year and update the contribution required, in the second option we are not assuming any returns on our contribution.

]]> Comment on Best Investment Plans for 2021 by kalai https://padiyars.com/best-investment-plans-for-2021/#comment-30 Sun, 03 Jan 2021 06:40:03 +0000 https://padiyars.com/?p=996#comment-30 Method 1 :
So ideally Rs. 6 Crores should be your Target Corpus for Retirement.
Assuming 8% return on Portfolio you need to save Rs. 1,05,000 per month for next 20 years to achieve the target

Method 2 :
So ideally Rs. 1.50 Crores should be your Target Corpus for Retirement.
You need to save Rs. 63,000 per month to achieve the target.

Actually Method 2 requires less amount to save than Method 1. So everyone comfortable in Method 2 . Is it good to choose Method 2, or Am i missing anything ?

]]>