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Monthly Expenses2024 RupeesYou can download this sheet and input your assumptions in the light green cells to calculate your numbers
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HeadAmountNotes / Comments
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Housing0Assuming you own a place
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Car1,000~20L car, that lasts 5 years
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Utilities (Water / Electricity / Maintenance / Phone)10,000
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Groceries16,0004000 a week
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Eating out8,000Twice a month
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Takeaway6,000Twice a month
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Cook8,000
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Cleaner2,500
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Nanny/ Daycare15,000
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Driver9,000
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Petrol8,000One car and one scooter
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Clothes/ Diapers, etc.20,0005000 per head
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Books2,000
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School Fees25,000amortised over the year
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Annual Vacation75,000Amortised
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Electronics12,000Amortised; Assuming 3L in 2 years
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Home Improvement10,000Amortised
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Socialising5,000
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Gym Membership5,000
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Health Insurance4,000
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Life Insurance2,000
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Medical expenses (illness, supplements, etc.)5,000
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Miscellaneous10,000
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Total258,500
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Annual3,102,000
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Inflation6%
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Investment Growth8%
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Annual Increase 98%
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Life Expectancy80
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Current Age35
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Years to live35Assuming you are 35 and will live till 80
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NPV of expenses95,275,858
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Current liquid net worth5,000,000Assuming you have Rs.50L of liquid savings
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Additional wealth required to feet up now90,275,858
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Starting feetup after __ years10
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Additional wealth required to feet up133,242,914
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Monthly saving to get to this amount728,318
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The original medium post linking to this
https://medium.com/@pri.bharadwaj/feet-up-62b894decd38
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