By: B

B
Wed, 06 Feb 2019 11:38:05 +0000

Hi Mahesh,

Just read this article in detail. I strongly believe that 25x savings is insufficient in India. This figure is for western countries where inflation is around 3-4% and hence this figure of 25 times. Regarding the correct figure.. even I am trying to figure out. But i think it is better to consider 40 times. No less. Always consider 10 to 15% more than your monthly expenses for estimating future amount, as a cushion.

Pls give your views.