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Retirement Rules: #4 Save 20 times of your annual expense

Retirement Rules: #4 Save 20 times of your annual expense

Saturday, May 13, 2017, 11:37 AM

To plan for retirement, you need to have rough idea of how much you would spend after retirement. This is very important, as it gives you an idea of how much you need to save for retirement. Expenses like medical, food, health etc will go up due to inflation. Expert assumes that for retirement corpus you should multiply your per month expense by 240.
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