Retiring with a 3 crore corpus at 32, with your own apartment and no debt, sets a strong foundation for financial stability. Your current scenario, with an estimated 12-15% return on stock investments, easily covers your monthly expenses of 25k. It’s akin to a smooth sail on calm waters.
But, remember, life has a knack for stirring things up. Circumstances like marriage or having dependents will increase your financial obligations, much like a sudden wind altering the course of your sail.
Speaking of risks: Inflation, an often overlooked factor, can erode your purchasing power over time. It’s a current beneath the surface, subtly but surely impacting your journey. Health insurance is another critical aspect. It acts as a lifeboat, shielding you from the sudden financial storm of health emergencies.
To navigate these waters, it’s essential to diversify your investments, maintaining a balance between risk and returns. This helps in maintaining the right course, regardless of how the winds blow.
