The 6 important Questions

There are only 6 questions to ask your friends including yourself:-

1. In how many months from today, would you truly like to retire?
2. Do you have a plan to make it happen in the time frame?
3. How much money will you need monthly to retire comfortably?
4. What is your plan to have this monthly guaranteed income -
(most certainly from fixed deposits/ low risk & low return investments)
5. How much money will you need to invest today, at a 6%
return, to receive your desired monthly income?
(take your answer in Q3 and multiply by 200)
6. What is your plan today to achieve your goal?
( take the answer in Q5 and divide it by the answer in Q1.

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