According to a Moneycontrol report, the 30x annual expenses rule advises people to build a retirement fund equal to 30 times their yearly spending. This benchmark serves as a guide to help ensure your savings last throughout your retirement years while maintaining your current standard of living. As an example, if your yearly costs are ₹10 lakh, you should target a total retirement nest egg of ₹3 crore.

by shortkt.com✓

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