Let’s say a 3 BHK in a good locality (initially rent and later buy), a BMW or Audi with driver, business class travel to London or Paris once a year and save about 20 lakhs a year after all expenditure and tax? Would I need at least 1 crore a year to sustain this life?
Honestly the minimum salary for good life thing varies from person to person because everybody has a different parameter of "good life".
In your case, by the time you start earning 1 crore a year (i am assuming you don't earn anywhere near that amount right now) the minimum would have increased by atleast 1 crore more because INFLATION🤷. So then you would need atleast 2 crore to sustain this life
In your case, by the time you start earning 1 crore a year (i am assuming you don't earn anywhere near that amount right now) the minimum would have increased by atleast 1 crore more because INFLATION🤷. So then you would need atleast 2 crore to sustain this life
- Romantic Bedroom Décor or Essentials: 1 Lakh INR
Audi A6 - 1 lac emi 12 lac pa
Driver Salary - 3 lacs pa.
Business clas ticket for self and spouse - 10 lacs
That’s around a crore without taking into account any other expense and taxes.