Re: [silk] To retire or not - that is the Q.

>> 2) Hired a* professional "family office" investment consultant* to invest >> and maintain this corpus. I enjoy the financial planning aspect of wealth >> management, but my weakness is I hate paperwork - and this from a person >> whose career was built on documentation! So for my own sanity, I

Re: [silk] To retire or not - that is the Q.

Here's one: http://capitalmind.in/2016/06/video-park-money-save-80-tax-also-generate-cash-flow/ (This is a way to keep your money in a money market mutual fund and beacuse of the way Indian tax laws work, you save about 80% compared to an FD, if you only take out what you need) Another is to use

Re: [silk] To retire or not - that is the Q.

On Fri, Sep 16, 2016 at 4:07 PM, Deepak Shenoy wrote: > Now, here's the other thing. If you're planning to build cash flow, don't > use FDs. They create taxable income and at large corpuses become very > unwieldy. THere are other instruments - I can give you more

Re: [silk] To retire or not - that is the Q.

Don't forget nursing home expenses or the fag end of life medical care. It's frikking expensive and eyewateringly big. On 16 Sep 2016, at 11:37, Deepak Shenoy wrote: >> >> >> >> Hypothetically, say that translates into 25K + 5K + 5K + 5K= 40K per month. >> Need

Re: [silk] To retire or not - that is the Q.

> > > > Hypothetically, say that translates into 25K + 5K + 5K + 5K= 40K per month. > Need to have a corpus that gives you this monthly amount with even > conservative investments such as FDs. We're talking about a 8-10% ROI per > annum. So, in this example, you need to have a corpus of 50 - 55