I read many post here and respect each and every advice to save around 1M before we move to India
What if we go tier 2 city I know there will be less job opportunity but I just need one job to live
My question to all experience guy is 1 Crore is good enough to settle down in tier 2 city or not ?
Yoe 5 in US 2 years Bay Area
- Depends 1cr post all liabilities covered eg home loan? It depends on ur lifestyle. I think 60k a month is good enough for a normal person in India
- I think everyone should figure out their own defination of enough. 1cr is not a v big amount but if you are at a crossroad to decide you should go for it if your situation allows to save more I would say save and then take a call. Meanwhile generate passive sources of income in inda that will give u more confidence in taking the decision.5d1
- Amazon dimyung pi1 crore is not a lot of money unless your wants are 0/nilch/nada. I would try for at least 3 crore and build up another 2 crore in rest of your work life for a middle class retirement. Consider this, cost of a decent US college for undergraduate is 75 lakhs at today's exchange rate. Unless you think your kids won't need or want US education