Botsie et al

Continues to be an illuminating thread. Great story, Deepa. Humbling. makes
me realize that I'm lucky to have so many choices. Good to continue the
discussion with you offline too, Venkat. So many possibilities arise if we
keep ourselves open to it.


Congratulations on your retirement, Bruce. I think you've hit the sweet
spot with the transition time. I think that's what I'm heading for - work
for few days a week. In addition to tech writing, I've been in the
training/coaching/facilitation field, and that's where I might tie up with
another consulting firm on a part-time basis. I might get a little less
than if I work directly with companies, but they can take care of all the
business/accounts angle and let me do the fun stuff. Without the night
calls. :) Still trying to figure out what I can optimally do with content,
if anything.

Someone asked about the ideal corpus required for retirement. I think the
financial planners on the list are better equipped to answer this Q., and
you probably know this already, but at the simplest level, work out your
running expenses for your desired lifestyle post-retirement:

Regular monthly expenses + Emergency fund for home maintenance & medical +
Extras (eating out, travel, shopping etc.) + Inflation

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 lakhs. If
you have a good financial planner and a higher risk appetite, your returns
can be higher. Hope this helps.

Ah, the possibilities.

Thanks
Sandhya











valsa





On Tue, Sep 23, 2014 at 4:46 PM, Vinayak Hegde <[email protected]> wrote:

> On Tue, Sep 23, 2014 at 12:01 PM, Biju Chacko <[email protected]>
> wrote:
> > I've lived in small town Botswana, and it's not that difficult.
>
> Thats another good reason to call you botsie or maybe the original one.
>
> Thanks
> Vinayak
>
>

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