I’m 28, earn Rs 70,000 a month and want Rs 5 crore to retire at 42. ChatGPT did the math
The Financial Express
Picture: The Financial Express
I am 28, earn Rs 70,000 a month in take-home pay and live in Noida, where Rs 14,000, or 20% of my salary, goes towards rent. I expect my salary to rise by at least 10% every year and plan to increase my investments by the same percentage as my annual salary hike. But can I accumulate Rs 5 crore in 14 years and stop working completely at 42? I had earlier asked ChatGPT how I could build a Rs 2 crore retirement corpus by the age of 40 on a monthly take-home salary of Rs 70,000. This time, I raised the target to Rs 5 crore and extended my retirement timeline to age 42.
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