Retirement - Back to Basics 1 - E 13
On this episode we cover:- How do we imagine what our lives will when we are retired? Time for some visualisation- Pattu then dives into the basic How Tos of retirement investing- Retirement is NOT about a pension- Inflation- Sid asks for benchmarks to aim for as a retirement corpus (city wise)- Pattu gives us the formula for investment, and how to execute it TODAY!- But then Sid is not satisfied with it, so Pattu further breaks it down and explains scale, scale for geography and scale for phase of life- Traditional investment calculations have 30 yrs of retirement. What if you outlive that calculation ?! Does the money run out?- Bonus, Pay rise, Change of jobs with higher salary? Time to look at yourself in the mirror!
