Direct Answer: Retirement planning for IT employees needs a different approach than a typical salaried career, because income often peaks early, job changes are frequent, and career breaks are common. The fix is to consolidate EPF across employers, use NPS for extra tax savings, and build a dedicated equity SIP portfolio — starting in your
Direct Answer: Your retirement corpus should be based on your future monthly expenses, not your current salary. A common starting formula is the 25X rule: take your expected annual expense at retirement (after adjusting for inflation) and multiply it by 25. For a household spending ₹50,000/month today, retiring in 25 years, this works out to
Quick Summary: – Retirement planning in Chennai requires a corpus of ₹3–8 crore by age 60 depending on lifestyle. – NPS, PPF, and Equity Mutual Funds (SIP) each play a distinct role — the best results come from combining all three. – Starting at 30 vs 40 can make a difference of ₹2.5 crore in
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