Savings

[user789]

How much ~ savings ($) - overall (401k+ savings in the account) one should have before retiring that would cover health expenses for husband/wife and kids( 1 or 2) education  and also vacations in Vomerica ?

It depends on the state but lets focus on major states like CA, TX, NJ, Atlanta, Florida.

Not considering house payment as it would be covered/paid off with $ salary.

[NenuEvaru]

retirement ayaka kuda ikkadey vundi em chestharu bhaya ? no family, no parenets, no children as they will go off ?

lonley life ayipothundi after 50 years - and aa patiki India mast develop avuthundi ..

make savings, and retire in India, paisal vuntey king akkada ..

[user789]

14 minutes ago, NenuEvaru said:

retirement ayaka kuda ikkadey vundi em chestharu bhaya ? no family, no parenets, no children as they will go off ?

lonley life ayipothundi after 50 years - and aa patiki India mast develop avuthundi ..

make savings, and retire in India, paisal vuntey king akkada ..

if kid (s) will be here then whats the point of going to india after 50 instead go at 35/40 with good savings...

kids born here will never prefer to come to india to vist,,,even if they come it will be like once in 5-10 years

[Meow]

$750k, if you use about 40k per year in expenses at 4%, you can retire at 35. Remember that rich people live below their means. 

[k2s]

23 minutes ago, user789 said:

How much ~ savings ($) - overall (401k+ savings in the account) one should have before retiring that would cover health expenses for husband/wife and kids( 1 or 2) education  and also vacations in Vomerica ?

It depends on the state but lets focus on major states like CA, TX, NJ, Atlanta, Florida.

Not considering house payment as it would be covered/paid off with $ salary.

anything more than >$5M

[babu_bangaram]

21 minutes ago, NenuEvaru said:

retirement ayaka kuda ikkadey vundi em chestharu bhaya ? no family, no parenets, no children as they will go off ?

lonley life ayipothundi after 50 years - and aa patiki India mast develop avuthundi ..

make savings, and retire in India, paisal vuntey king akkada ..

No family correcte but if you go to India all ties broken off ....due to our US visit... the kids of your cousins wont even recognize you 
No parents ....sorry but when you are 50/60 .....i dont think they will be alive (god give them long life) i am just being practical

No children .... they will go to college, if they get a job in same city, they will come and visit every weekend along with grand children ......

It will be more Lonely life in India as compared to US, US lo at least safety, good air , water vuntayee...... India lo basics like Air, Water, and road safety vundadu ....ikkadda 90 seconds lo ambulance vosthaadi ...... india lo by the time they bring you down from Apartment to Auto/Taxi ....you will be dead ............if an unforeseen event happens 

[babu_bangaram]

30 minutes ago, user789 said:

How much ~ savings ($) - overall (401k+ savings in the account) one should have before retiring that would cover health expenses for husband/wife and kids( 1 or 2) education  and also vacations in Vomerica ?

It depends on the state but lets focus on major states like CA, TX, NJ, Atlanta, Florida.

Not considering house payment as it would be covered/paid off with $ salary.

$3-4M

[user789]

15 minutes ago, Meow said:

$750k, if you use about 40k per year in expenses at 4%, you can retire at 35. Remember that rich people live below their means. 

lol....not practical for 80% of them..

[JollyBoy]

16 minutes ago, babu_bangaram said:

$3-4M

😥

[user789]

13 minutes ago, babu_bangaram said:

$3-4M

very low...take it easy.

[user789]

17 minutes ago, k2s said:

anything more than >$5M

jokes enduku thatha..

[Meow]

1 minute ago, user789 said:

lol....not practical for 80% of them..

Why do you say so? 

[k2s]

4 minutes ago, user789 said:

jokes enduku thatha..

its true man.. am targeting for that

[LazyRohit]

[Amrita]

1 hour ago, user789 said:

How much ~ savings ($) - overall (401k+ savings in the account) one should have before retiring that would cover health expenses for husband/wife and kids( 1 or 2) education  and also vacations in Vomerica ?

It depends on the state but lets focus on major states like CA, TX, NJ, Atlanta, Florida.

Not considering house payment as it would be covered/paid off with $ salary.

You will support kids even after you retire considering they would be adults by the time you retire ? You are god I say you are god. 

Early retirement ki asking ayite ignore my comment .