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My Net Worth Hits 50 Lakhs! Retire in 3 Years?

The last update to my retirement plans was in 2012 when my Net Worth was just 17 lakhs or so. Here towards the end of 2015, I’ve finally crossed the old retirement target I set for myself in 2010 of Rs. 50 L in today’s value. Here’s a complete summary of my assets:

My net worth

My net worth

So over the years, my net worth has expanded thus:

2009 – 8 Lakh

2010 – 12 Lakh

2012 – 17 Lakh

2015 – 51 Lakh

Quite  a big jump in the past three years eh? The stock market has been good to me. I’m quickly reaching a stage where any money I invest is small compared to the daily fluctuations in the market itself. The best thing now is time. I had initially planned to retire at 55, but the way things are going now, I think I need just 3 years more! I should be able to start living off the interest after that. I’m 33 years old right now…

The secret to financial security? No kids :)

3 years, and then peace from the never ending toil of work. Aaaaaahhh!

This post first appeared on Expressions, please read the originial post: here

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My Net Worth Hits 50 Lakhs! Retire in 3 Years?


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