| |
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| I am |
Years Old |
| |
|
| I plan to retire at |
Years |
| |
|
| I guess, I will live until |
Years |
| |
|
| For my
luxury items(It may include: Soft Drinks, Hard Drinks, Cigarettes, Night
Outs, Restaurants, Bars, Discos & Other similar things), I
generally spend(On Daily Basis) |
Rs.
|
| |
|
| In a month, the total number of days, I spend on the above items is |
days per month |
| |
|
| But, if I
happen to cut short on expenses which I think can compromise with my
life, I can reduce the amount to (By substituting with lower-priced
functional equivalent): |
Rs.
|
|
|
FEW stats for me you to ponder on:
If I Plan to cut down on my desires on my luxury itmes, I may save upto
Rs.
on a daily basis which eventually turns out to be a monthly saving of Rs
for me and anually, which stands at a whopping figure of Rs.
. So, the time I retire, I may save upto
and till the time, I take my last breath I may save uptil
Bet, these figures startled you, right? Want to be more surprised, Carry on..... |
| Now, what if I were to deposit these savings into an investment as they were realized at an average annual interest rate of: |
% |
|
| Is this really my investment's worth at my retirement age: |
|
| I can afford to withdraw from my investment during each
month a sum of: |
|
| And last but not the least, this is the total future value of my invested savings between now and my life
expectancy: |
|
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