Retirement Start Early

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Retirement Start Early !

• Saikrishnan G

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Retirement Big Question

• Is money the biggest source of happiness for
  retirees?
• This generation is living a longer life than any
  other generation.
• A little bit of planning will result in a
  blissful retirement

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Clarifications on assumptions

• Planning to retire in 2035
• Planning to live until 2065
• During retirement your money grows at little more
  than inflation rate (4)
• From now till 2035, money grows at SP 500
  historic levels (8)

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How much you need?

• Characteristics of a retired person
• Mileage varies
• For this presentation we are assuming 10,000 per
  month today is a good benchmark

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What it means in future

• 10,000 / month today
• 18,114 / month in 2035
• _at_ retirement you should have a lump sum of .

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• 3, 622, 003

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How do you get there ?

• Either have a huge lump sum money to start with
• Lot of interest
• Time Start early
• Disciplined Investment

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If you start now

• Invest 2428 per month
• Nice tax break until 14,000. So, effectively
• Effectively 2000 per month

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If you start only in
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What are you waiting for ?

• Start NOW !
• http//library.thinkquest.org/3096/4learn.htm
• http//personal.fidelity.com/products/funds/
• http//www.vanguard.com
• Read Peter Lynch and Benjamin Graham

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Appendix

• http//saiscorner.blogspot.com