Sanofi Session Staff asked 1 year ago

50 /20/30 model is used from say from 40 yrs. When can one retire ?

While tracking the cash flow, do we need to track it on our current spending trend or follow 50/20/30 principle? Is this exercise just to understand the cash flow & then plan later?

Do all 30% savings need to be put into investments? what should be the buckets and how much do we put in each?

1 Answers
Hansi Staff answered 1 year ago

Are you saying you have been saving 30 percent for 40 years? If so, you should be fine to retire on the same lifestyle.
Here are a couple of short videos explaining the link between saving ratio and retirement age
https://youtu.be/k8L96c38gD0
https://youtu.be/4eGBb9NsfM4