Definitely more. 11 cr won't last you a long time with inflation and if you want to keep up with the lifestyle of your peers. If you have kids or other dependents, you'll require more.
25 crores + mortgage free house/apartment if you are a family of four and you have another 40 years to get to 80. This may seem like too much but inflation will kill the value of your savings over 40 years (and getting above inflation returns on an after-tax basis over decades is pretty difficult). As an example, a property worth 1 crore 40 years ago is worth about 100 crores+ these days, so (rough calcs) 25 crores today will be equal to about 25 lakhs (in todayβs purchasing power) 40 years from now. Best of luck and a speedy retirement to you!
30 crore for a single person (excluding house) if you want to have a lifestyle that includes eating out at nice places, growing holidays, a BMW every 6 to 8 years etc.
Add 15 crore if you have a non-working wife and 25 crore if she is a high-maintenance supermodel type.
Add 15 crore if you have a non-working wife and 25 crore if she is a high-maintenance supermodel type.
Add another 10 crore per child.