The Economic Times

From Rs 5 lakh to Rs 100 crore wealth ladder: CA shares what each wealth milestone can buy you

CA Nitin Kaushiks wealth ladder shows how different financial milestones can offer different forms of freedom. He says Rs 5 lakh provides emergency security, Rs 15 lakh basic stability, Rs 50 lakh meaningful investable capital, Rs 5 crore can make work optional, Rs 15 crore offers comfortable financial independence and Rs 100 crore represents a different level of wealth. Ultimately, he says the real milestone is when money stops controlling decisions.