The Economic Times

35-year-old spends Rs 1 lakh a month. CA explains why he will need at least Rs 13 crore to secure his future

Retirement planning is more than saving leftovers. Lifestyle costs increase significantly over time due to inflation. A 35-year-old spending one lakh rupees monthly will need nearly 4.3 lakh rupees monthly by age 60. This requires a corpus of 12 to 13 crore rupees. Disciplined investing early is crucial for financial security.