We don’t want to own a house, would like to retire in couple of years. We will be living in Hyderabad and would like to take couple of foreign vacations per year. Annual expenses (including rent and vacations) : 50 LPA
If it's ok, can you give breakup of 50 Lpa spend
More than enough
How are they so high?
You need to grind for a few more years
Yes. If you're gonna stay DINK pls do your future selves a favor and retire already. Do something meaningful or even nothing but don't sell yourself to a corporation for money that you no longer need
A fundamental, solid investment should ideally yield at least a 10% return. With this return, you can both enjoy the benefits and watch your portfolio grow over time.
TC or GTFO
Nope, you still have more needful before you revert
How did you earn this much? I am unable to get job even with 30% hike in India
Annual expense is high for the corpus
Why? At 7% return rate they will make close to 50 lakh income post tax. So their principal remains intact.
Inflation