On the occasion of Dhanteras I'm re-posting my article from JagoInvestor. I'll start writing regularly starting this Diwali month on the topics some of you wanted me to elaborate 🙂 Table of Contents for this article How I discovered Early Retirement? WHAT IS EARLY RETIREMENT? My Alternative Early Retirement Plan for Indian conditions The … Continue reading Do you want to Retire Early in India? A detailed guide with Excel calculator
Starting with the recent budget , you have to pay 10.4%(including cess) long-term capital gains tax(LTCG) on gains when you sell mutual funds or stocks after holding them for 1 year. image source What does this mean for your Early Retirement plans? Not the end of the world actually! If you are selling after holding for … Continue reading LTCG Tax impact on Early Retirement
This Valentine's Day I want to touch on a touchy topic with couples : how to convince your significant other to work together as a team towards Early Retirement. So this post has a guest section written by my wife on her experience getting convinced about early retirement. Typically one person is super-excited after having … Continue reading Valentine’s Day Special : How to convince your significant other about Early Retirement
High-level numbers below My Age: 36 % Saved for Early Retirement : 38% 34% (target % reduced due to 10.4% LTCG tax announced in the budget after this post was originally published. I'll write a detailed article on this new tax's impact next month) Next year we are hoping to reach 50% 46% of our target. … Continue reading We’ve saved up 34% of our early retirement target as of 2017
I mention that I was an NRI in the Disclosure of this blog but I wanted to address this issue head-on because of a recent comment in JagoInvestor where someone said only NRIs can save a lot in a short time which is a false statement and only serves as an excuse for the self-pity crowd. … Continue reading I was an NRI
I'm recovering from a lengthy and painful throat infection this new year. So I thought it would be apt to start 2018 with this topic. All of 2017 I took pride in never taking a single pill except a painkiller for a dental issue. I finally took some Ayurvedic pills for this infection after realising … Continue reading Health is “real” Wealth
You've heard the saying "The Rich Get Richer". It is usually uttered in a negative manner to hint that only the rich get richer and the rest only get poorer. In this blog we do not pull other people down for their successes. Instead we try to learn from others who've done well and apply … Continue reading How to get Richer with Early Retirement
In my earlier post on early retirement in India, I assumed an average return of 12% from investing in equity. A lot of people new to equity investing assumed that this 12% is a guaranteed rate of return like a fixed deposit which is not correct. You can find this misleading way of talking about equity … Continue reading 12% return from stock market every year?
UPDATE: My detailed article on "How to Retire Early in India" got published on JagoInvestor last week. It also has an Excel calculator for download to help you plan for your early retirement. Check it out! https://www.jagoinvestor.com/2017/07/early-retirement-guide.html -------------------------------------------------------------------------- A lengthy comment I wrote on JagoInvestor in response to this article Early retirement is a necessity … Continue reading Early retirement is a necessity these days
Next time you step out of the house try this : Leave your credit card behind at homeWithdraw cash from the ATM for your weekly budget needsIf you find yourself saving less than you would like or puzzling where all the money was spent when you get the credit card bill : here’s some scientific research … Continue reading Simple trick to save more money : Use Cash!