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How Much Corpus do you Need to Retire? by arunava

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· @arunava ·
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How Much Corpus do you Need to Retire?
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![image.png](https://files.peakd.com/file/peakd-hive/arunava/EopuKVK9cE1x94YdLV1nY3FjKT6DEyvebrwzjBDm9W8YLqF13LYvWw5DT2gcdHN9d6Y.png)
[Source](https://www.thortful.com/blog/wp-content/uploads/2020/11/Retirement-card.jpg)
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I like the fact that I am actively working hard so that I don't have to work a 9 to 5 JOB in the next five years. Don't get me wrong 9 to 5 JOBS are great but I don't want that to be my Life, I want to be Financially Independent, and yes as catchy as that sounds it I indeed possible with proper planning and targets. I remember the day I started this Job of mine I told my parents that I was going to work for only 5 years and after that, I will quit as I will make myself a Corpus of Money that could last me for Life. Now it has been 2 years and I almost know for sure that 5 years is definitely not going to be enough for me to make my Target Corpus but I am still working hard towards that as I can't stop flooring the GAS on this Project of Financial Independence.


The Corpus a person needs for Retirement varies from person to person but in my case, I feel like a Corpus of 7000000 INR will be enough for me and my family to live life modestly. Some of you may say the amount is low considering I am 30 right now but I believe with Proper Planning it can be done with that amount as my Monthly Expenses including my Investments are around 30000 INR. I also know that sht happens in Life so for safety reasons I say a 1 Crore Corpus should be what I need for a Financially Independent Lifestyle.

This doesn't mean that when I get 1 Crore Corpus accumulated I will be quitting my job but rather the fact that I will have no worries about how I am doing at my job and if my Job is safeguarded right now.



![image.png](https://files.peakd.com/file/peakd-hive/arunava/23ynMzJiApWJV3693dAkhinwiJHUntHC7SvSkeXVHeRsvrQGEMH9yUiSyQRnoyfGpWviY.png)


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