1. How to Retire Early
Dare to Retire Early
Do you dream of retiring early? Much earlier than you turn 60, then you are not alone.
Many individuals dream of retiring earlier in their life; however this remains only as a
dream. But the question is Can You Afford to Retire Early?
There is no magic formula to retiring early, rather it’s a simple procedure.
The Two Step Method for your Successful Retirement
1. Ascertain the corpus required
Post retirement you will stop working but inflation doesn’t. And definitely you
will need money for your monthly expenses which will keep on increasing
every year based on the inflation rate. So it is important to identify the corpus
that will be required post retirement to take care of monthly expenses
2. Determine How much to Save & Invest
We believe in working to earn money, rather Make Your Money Work for You.
The best way to do so is by channelizing the same into investments based on
your Risk Profile. Identify the amount that needs to be invested every month
and start investing early in order to take complete benefit of the Magic of
Compounding.
Planning the Retirement
Scenario: Rahul a Software engineer, currently aged 25 and earns Rs. 50 K p.m. He
wants to retire at the age of 50 from the corporate life. Following is the analysis of
the amount required to be invested now in order to build the required corpus
Name: Rahul S
Age: 25
Preferred Retirement Age: 50
Retirement Corpus Required: Rs. 3,00,00,000
14% 12% 10%
Investment (p.a.) 1,64,952 2,24,999 3,05,042
Investment (p.m.) 11,128 15,967 22,610
Plan Your Retirement Today With Right Horizons Financial Services Pvt. Ltd…..
For more details, you can write us at contactus@righthorizons.com