Jason

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Fidelity Investments has a retirement guideline out that maps the journey of the retirement corpus over the years. At age forty, you should have three times your annual income as your retirement corpus already. If you earn Rs 15 lakhs a year at age forty, you should have Rs 45 lakhs in your retirement corpus. At fifty, you should have six times your annual income. If you have an annual income of Rs 40 lakhs at age fifty, you should already have Rs 2.4 crores in your corpus. At age sixty, or at retirement, you should have eight times your annual salary. Earning a crore at sixty, you must have ...more
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
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