***** 5 Crores *****

[ButtonMohanReddy]

6 minutes ago, VanceChilukuri said:

which bank gives you 40L interest ?

Some one told 1 crore ki 5lakhs vastayi 

[ARYA]

1 hour ago, JANASENA said:

ippudu mee daggara 5 crores and Own house (paid-off) unte India vellipothara permanent ga? 

Ekkada veltam ba…ade anukuni oka 6 months unte ardam iyyindi kastam move avvatam ani…5 cr petti akkade konni konesi vachesam

[enigmatic]

1 hour ago, JANASENA said:

5 crores and Own house

5 ki atanna itanna inko number vunte eeroje vellipoyevadinu 

[psycontr]

1 hour ago, JANASENA said:

ippudu mee daggara 5 crores and Own house (paid-off) unte India vellipothara permanent ga? 

5 crores petti gc konukoni ekkade untam

[megadheera]

28 minutes ago, psycontr said:

5 crores petti gc konukoni ekkade untam

Uncle GC ki 43 CR not 5cr

[Mr Mirchi]

5cr is nothing in india

[tokkalogola]

1 hour ago, VanceChilukuri said:

which bank gives you 40L interest ?

8% FD rate unte vostadi

[dasari4kntr]

5 hours ago, JANASENA said:

ippudu mee daggara 5 crores and Own house (paid-off) unte India vellipothara permanent ga? 

if kids …education is done…and you want to live simple life…then 5cr is sufficient…

[Galactus]

Depends on how you want to live, You can live comfortably in a Tier 2 city with just 3 crs but if you are aiming for similar life style and want to enjoy life with out working ever in a Tier 1 city like Hyderabad or Bengaluru, read below

here is my calculation if you want to live comparable to US in a gated community, want your kids to afford good higher education and have some emergency funds and savings for a rainy day:

• Paid off home worth (villa in Tier 1), fully paid off cars(1-2) - 4-6 crs
• kids education - 2 cr per kid, for 2 kids, 4cr (Either in Real estate, Index funds or FDs)
• emergency fund of 2 cr for health expenses of family  (Savings/deposits)
• Travel (Domestic, International) - 2 cr (MFs or Index funds)
• savings on top oka 6cr unte , FD chesukunte will give 6* 7.5 = 45 lakhs/annum (lot of banks are giving between 7-8% now a days)

Total: 4-6 (House/car) + Education (4) + Emergency (2) + Travel (2) + Savings (6) = 18-20 crs

so approx 2.1 to 2.3 mil

Average aithe:

• Paid off home worth (Apartment in Tier 1), fully paid off car(s) - 2-3 crs
• kids education - 1 cr per kid, for 2 kids, 2cr (Either in Real estate, Index funds or FDs)
• emergency fund of 1 cr for health expenses of family  (Savings/deposits)
• Travel (Domestic, International) - 50 lakhs (MFs or Index funds)
• savings on top oka 3 cr unte , FD chesukunte will give 3* 7.5 = 22.5 lakhs/annum 

Total: 2-3 (House/car) + Education (2) + Emergency (1) + Travel (0.5 cr) + Savings (3) = 8.5-9 crs

so approx 1 mil

Ultra luxury, I would categorize them as 50 cr+ (5 mil+) , at that money you can live * almost anywhere in the world comfortably with out working ever and chill

I would personally prefer to have a chill job which gives 2 lakhs/month income, doing that for a few years could help keep boredom away and that could also be a good inflation hedge or cover any additional life expenses like kids marriage/other family expenses

 

[jalsa01]

9 hours ago, VanceChilukuri said:

which bank gives you 40L interest ?

many banks in india are offering 7-8% interest 

[andhra_jp]

10 hours ago, JANASENA said:

ippudu mee daggara 5 crores and Own house (paid-off) unte India vellipothara permanent ga? 

dantlo half kuda leevu when we returned to india for good in 2018..

No offence to anyone but eee sodi calculations permutations combinations chestu kurchuntee we will never take a firm decision..

Ramana Maharshi cheppinattu  cheyyali antee chesi chupinchali ... 

taking precautions is fine but there should be some limit , else life long prati chinna panulaki in the name of precautions we may never take any bold decisions..

[lollilolli2020]

16 hours ago, JANASENA said:

ippudu mee daggara 5 crores and Own house (paid-off) unte India vellipothara permanent ga? 

+ 50 LPA job vunte vellipotha. 

[JANASENA]

17 minutes ago, lollilolli2020 said:

+ 50 LPA job vunte vellipotha. 

ikkada job chesi and akkadaki vellaka kooda job chesi inka life enjoy chesedi eppudu paiga Indian work culture ante kastam,

[kevinUsa]

Just now, JANASENA said:

ikkada job chesi and akkadaki vellaka kooda job chesi inka life enjoy chesedi eppudu paiga Indian work culture ante kastam,

Nuvvu Ellis po. Ikkada  bongulo question kante 

[lollilolli2020]

9 hours ago, Galactus said:

Depends on how you want to live, You can live comfortably in a Tier 2 city with just 3 crs but if you are aiming for similar life style and want to enjoy life with out working ever in a Tier 1 city like Hyderabad or Bengaluru, read below

here is my calculation if you want to live comparable to US in a gated community, want your kids to afford good higher education and have some emergency funds and savings for a rainy day:

• Paid off home worth (villa in Tier 1), fully paid off cars(1-2) - 4-6 crs
• kids education - 2 cr per kid, for 2 kids, 4cr (Either in Real estate, Index funds or FDs)
• emergency fund of 2 cr for health expenses of family  (Savings/deposits)
• Travel (Domestic, International) - 2 cr (MFs or Index funds)
• savings on top oka 6cr unte , FD chesukunte will give 6* 7.5 = 45 lakhs/annum (lot of banks are giving between 7-8% now a days)

Total: 4-6 (House/car) + Education (4) + Emergency (2) + Travel (2) + Savings (6) = 18-20 crs

so approx 2.1 to 2.3 mil

Average aithe:

• Paid off home worth (Apartment in Tier 1), fully paid off car(s) - 2-3 crs
• kids education - 1 cr per kid, for 2 kids, 2cr (Either in Real estate, Index funds or FDs)
• emergency fund of 1 cr for health expenses of family  (Savings/deposits)
• Travel (Domestic, International) - 50 lakhs (MFs or Index funds)
• savings on top oka 3 cr unte , FD chesukunte will give 3* 7.5 = 22.5 lakhs/annum 

Total: 2-3 (House/car) + Education (2) + Emergency (1) + Travel (0.5 cr) + Savings (3) = 8.5-9 crs

so approx 1 mil

Ultra luxury, I would categorize them as 50 cr+ (5 mil+) , at that money you can live * almost anywhere in the world comfortably with out working ever and chill

I would personally prefer to have a chill job which gives 2 lakhs/month income, doing that for a few years could help keep boredom away and that could also be a good inflation hedge or cover any additional life expenses like kids marriage/other family expenses

 

ee calculations antha changing goal posts madiri.