blog@Yantrajaal

Many professionals in the corporate sector, who enjoy handsome take home salaries today dream of early retirement. The thought of being free from client and performance pressures and the lure of chasing down all those hobbies that one had to sacrifice at the alter of the corporate employer is extremely seductive. But an early retirement would mean that one should have a corpus of money that should be enough to cover the household expenses for the rest of ones life and that of the spouse. So how much money must one have on retirement day so as to sustain the lifestyle that one is accustomed to ?  How should one calculate what is required ? Consider the following points Inflation will increase your household expenses every year ? And this increase is not a simple linear expenses. It will follow the compound interest law.  Your corpus will also grow as per the compound interest law. Interest rates are corelated to inflation. When inflation goes up, so does interest rates...

Now that I have grabbed your attention with a couple of big and high sounding words let me justify their use in the title of this post. In any discussion of the Indian State, the first image that pops into our mind is that of the parade with which our armed forces salute the State -- through the person of the President -- on Republic Day. The spectacular nature of this parade, the precision with which the contingents -- both military and civilian ones -- walk, move, act and enact various scenarios is of course something to be proud of but the tragedy of the parade lies in the fact that it has no relation to the way the State actually works outside the parade route. Were we to move away from Rajpath and step into the dungeons of any sarkari daftar , the reality that will confront us is terrifying. Decrepit and stained with betel juice and with piles of dusty files covering innumerable empty desks, government offices -- whether central, state, municipal, panchayat or public sector ...